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$664,000

NAL Estimated Property Value

1112 Fairview Ave, Houston, TX, 77006

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,820 Sq Ft
price_per_sqft$235.46 / sqft
Year BuiltBuilt in 1900

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,898 sqft

Building Information

Year Built1900
Garage Spaces2

Land Information

APN1299090010001
Lot Number1-3
Land UseResidential
Legal DescriptionLTS 1 2 & 3 BLK 1 FAIR DEVELOPMENT
Census Tract410501
Assessed Land Value$649,000
Assessed Improvement Value$15,000
Assessment Year2025

About this property

This exceptional lot in the heart of Hyde Park offers unbeatable proximity to restaurants, theaters, and a wide variety of entertainment venues, making it an ideal investment opportunity for builders and investors seeking immediate development potential. The property has been replatted and legally recorded with all fees paid, ready for three patio homes, and includes a survey confirming the replat has been officially recorded. While a duplex currently exists on the property, this is being sold strictly as a land sale at lot value with no showings, representations, or warranties regarding the existing structure. Interested parties should not disturb tenants or enter the property without being accompanied by the listing agent, and please note there is a dog on the premises. Architectural plans for the site will be made available after contract execution. Attractively priced for a quick sale, this fully development-ready lot presents an exceptional opportunity not to be missed.

Investor Tools

Property Icon
$664,000
Estimated Property Value
$0Estimated Mortgage Balance
$664,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,984 /month
Positive
Cash Flow Estimate:
$1,328 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,452/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,105
$664,000
2025
$649,000
$15,000
$664,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,105
$664,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$664,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
N/A
+$3,340/mo
6.0%

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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1112 Fairview Ave | Property Details | No Agent List