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$779,000

1103 Martin Street, Houston, TX, 77018

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,126 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$366.42 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Electric Oven, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size13,438 sqft

Building Information

Year Built1968
Stories1
Garage Spaces4

Land Information

APN0993170000502
Lot Number502
SubdivisionShepherd Park Plaza
Land UseResidential
Legal DescriptionLT 502 BLK 20 SHEPHERD PARK PLAZA SEC 3
Census Tract530900
Assessed Land Value$429,800
Assessed Improvement Value$305,758
Assessment Year2025

About this property

Welcome to the ultimate “entertainment house” in Shepherd Park Plaza! Situated on a rare oversized cul-de-sac lot, this well-maintained 3-bedroom, 2-bath home is designed for those who love to host and enjoy exceptional outdoor living. The true highlight is the incredible backyard oasis, featuring a stunning grotto-style pool, expansive outdoor kitchen, and dedicated entertaining spaces that make every gathering feel like a private resort. A separate guest room at the back of the property adds flexibility for visitors, a home office, or additional living space. Combining a prime location, generous lot size, and unforgettable entertaining potential, this home is a rare find in one of Houston’s most desirable neighborhoods. Drive by only - no showings until tenants vacate May 31.

Investor Tools

$373,918Estimated Mortgage Balance
$368,082Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,674 /month
Positive
Cash Flow Estimate:
$1,558 /month

Interested in this property?

Kristi Kolmetz

Oaks Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,292/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,790
$735,558
2025
$429,800
$305,758
$735,558
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,790
$735,558

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Grazak Food Services Inc
Unknown
$375,000
No
First
Mar 27, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$373,918
$368,082
49%
50%
$2,249/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,249/mo
$-527/mo
2.8%

City: Houston

1103 Martin Street | Property Details | No Agent List