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Owner Contacts

$655,000

NAL Estimated Property Value

1115 Alexander Street, Houston, TX, 77008

Off Market

2 Beds

1 Bath

1,104 Sq Ft

Single Family Residence

$542.57 / sqft

Built in 1935

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Range, Dishwasher, Dryer, Refrigerator, Washer

FlooringTile, Wood

Exterior

Lot Size5,998 sqft

Building Information

Year Built1935

Stories1

Garage Spaces2

Land Information

APN0600830020017

Lot Number17

SubdivisionWest Heights

Land UseResidential

Legal DescriptionLT 17 BLK 2 WEST HEIGHTS

Census Tract511301

Assessed Land Value$600,000

Assessed Improvement Value$55,000

Assessment Year2025

About this property

Welcome home to this adorable Heights bungalow sitting pretty on a large 6,000 square foot lot whose backyard is what dreams are made of! The list of updates the sellers have made to this home includes new water lines (2021), new underground sewer line (2021), hot water heater (2023), new electrical and lighting (2021), foundation leveled (2024), and much more, but suffice it to say you will be WOWED with both the interior and exterior of this home! Offering two bedrooms and 1 full bath, gorgeous updated kitchen with marble countertops, 2021 appliances, and custom cabinetry as well as hardwood floors throughout, shiplap ceilings, renovated bath (2022), custom built-in bookshelves in living room, recessed lighting, mudroom with laundry. Exterior of the home is a dream with fully fenced yard (2021) and tons of space with low maintenance gravel landscaping. Don't miss this one! *All info per Seller

Investor Tools

$655,000

Estimated Property Value

$0Estimated Mortgage Balance

$655,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,930 /month

Positive

Cash Flow Estimate:

$1,310 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$934/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,936

$655,000

2025

$600,000

$55,000

$655,000

Tax History

Year

Tax Paid

Assessed Value

2024

$7,936

$655,000

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$655,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,690/mo

N/A

+$1,690/mo

3.1%

Learn About the Market: Opportunity in Houston

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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.

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