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$810,000

NAL Estimated Property Value

1116 Martin St, Houston, TX, 77018

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,366 Sq Ft
price_per_sqft$295.44 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringTile, Wood

Exterior

Lot Size10,001 sqft

Building Information

Year Built1967
Stories1
Garage Spaces2

Land Information

APN0993170000493
Lot Number493
SubdivisionShepherd Park Plaza
Land UseResidential
Legal DescriptionLT 493 BLK 20 SHEPHERD PARK PLAZA SEC 3
Census Tract530900
Assessed Land Value$361,000
Assessed Improvement Value$420,081
Assessment Year2025

About this property

Welcome home to this beautifully landscaped corner lot on Cul-De-Sac in highly sought after Shepherd Park Plaza which boast a 3 car garage and spacious backyard large enough for a pool. Home has been tastefully remodeled to open living concept perfect for entertaining with engineered wide plank flooring throughout home and a chef's delight kitchen, formal dining and space perfect for home office or playroom. Expanded primary suite offers spa like bath and spacious closet space. There are two large secondary bedrooms and secondary bath which offers dual sinks and plenty of storage. Recent updates in 2021 include new HVAC system, LOW E Windows, and sewer lines under the home per seller. Roof, radiant barrier and soffit vents in 2017. Home is centrally located to all that Houston has to offer. This is a must see as it will not last long so schedule you tour today.

Investor Tools

Property Icon
$810,000
Estimated Property Value
$594,346Estimated Mortgage Balance
$215,654Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,860 /month
Positive
Cash Flow Estimate:
$1,620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,357/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,229
$781,081
2025
$361,000
$420,081
$781,081
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,229
$781,081

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Service Cu
Conventional
$605,000
No
First
May 20, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$594,346
$215,654
26%
73%
$3,628/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,628/mo
$-1,906/mo
2.6%

City: Houston

1116 Martin St | Property Details | No Agent List