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$715,985

NAL Estimated Property Value

1116 Alexander St, Houston, TX, 77008

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,092 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.83 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher

Exterior

Lot Size5,998 sqft

Building Information

Year Built1935

Land Information

APN0600830030009
Lot Number9
SubdivisionWest Heights
Land UseResidential
Legal DescriptionLT 9 BLK 3 WEST HEIGHTS
Census Tract511301
Assessed Land Value$600,000
Assessed Improvement Value$115,985
Assessment Year2025

About this property

Charming bungalow located within walking distance to popular shops, restaurants, pubs, Love Park and Nicholson Hike/Bike Trail. This home features Large Livingroom with Mock fireplace, Open floor plan and Large Bedrooms! Beautiful solid oak wood flooring through out. Recently painted. This home is brilliantly located near I10, 610, 45, minutes from Downtown, Midtown, Med center & Galleria! Central Heat and AC. Refrigerator and washer/dryer are included.

Investor Tools

Property Icon
$715,985
Estimated Property Value
$193,645Estimated Mortgage Balance
$522,340Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,296 /month
Positive
Cash Flow Estimate:
$1,432 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,347/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,583
$715,985
2025
$600,000
$115,985
$715,985
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,583
$715,985

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$240,000
No
First
Feb 17, 2017
Mar 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$193,645
$522,340
72%
27%
$1,439/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$1,439/mo
+$251/mo
2.8%

City: Houston

1116 Alexander St | Property Details | No Agent List