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$766,000

1103 Key St, Houston, TX, 77009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,385 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$559.57 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringWood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1930
Stories1
Garage Spaces2

Land Information

APN0621100000020
Lot Number20
SubdivisionNorth Norhill
Land UseResidential
Legal DescriptionLT 20 BLK 131 NORTH NORHILL
Census Tract511400
Assessed Land Value$450,000
Assessed Improvement Value$234,404
Assessment Year2025

About this property

Set on a corner lot in the heart of historic Norhill Heights, this charming bungalow offers the rare combination of character, comfort, and walkability. Just two blocks from one of Norhill’s iconic promenades, the home is surrounded by quiet, tree-lined streets and is just moments from neighborhood restaurants, shops, parks, and trails. Inside, classic details shine alongside thoughtful updates, including hardwood floors, an open living area, and recently renovated kitchen and bathrooms. The three-bedroom, two-bath layout includes a spacious primary suite with a generous walk-in closet and an adjoining flex room ideal for a nursery, office, or workout space. Outdoors, enjoy a private patio and fully fenced yard. Recent improvements include a new roof, a new water heater, and a sprinkler system. An exceptional opportunity to enjoy the Heights lifestyle with walkable streets, vibrant local favorites, and a true sense of community in one of Houston’s most beloved historic neighborhoods.

Investor Tools

Property Icon
$766,000
Estimated Property Value
$618,012Estimated Mortgage Balance
$149,771Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,650 /month
Positive
Cash Flow Estimate:
$1,550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,502/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,199
$684,404
2025
$450,000
$234,404
$684,404
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,199
$684,404

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Mortgage Co
Unknown
$618,012
No
First
Mar 6, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$616,229
$149,771
19%
80%
$3,706/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$3,706/mo
$-2,399/mo
2.0%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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