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$171,202

NAL Estimated Property Value

1119 Shawnee St, Houston, TX, 77034

$196,273 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,315 Sq Ft
price_per_sqft$129.28 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,900 sqft

Building Information

Year Built1955
Stories1
Garage Spaces1

Land Information

APN0791370100023
Lot Number23
SubdivisionFreeway Manor
Land UseResidential
Legal DescriptionLT 23 BLK 10 FREEWAY MANOR SEC 1
Census Tract320901
Assessed Land Value$62,985
Assessed Improvement Value$108,217
Assessment Year2025

About this property

Turnkey Investment with Long-Term Tenants in Place! This well-maintained home in Freeway Manor offers a rare opportunity for both first-time and experienced investors. Tenants love it here and have steadily occupied this home for over a decade. You’ll step into steady income from day one. The home has been well maintained with updates, minimizing upfront costs, while still offering room to build additional equity through cosmetic upgrades. Conveniently located near I-45 and Beltway 8, tenants enjoy easy access to employment centers, shopping, dining, and schools—ensuring lasting rental demand. With its combination of stability, location, and upside potential, this property is a smart addition to any investment portfolio. Don’t miss this chance to secure a property that’s already performing—and still has room to grow!

Investor Tools

Property Icon
$171,202
Estimated Property Value
$148,913Estimated Mortgage Balance
$22,289Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$196,273
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,027 /month
Positive
Cash Flow Estimate:
$342 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$244/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,072
$171,202
2025
$62,985
$108,217
$171,202
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,072
$171,202

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Centex Home Equity Co Llc
Credit Line (Revolving) / Heloc
$45,500
No
First
N/A
Jun 2018

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$148,913
$22,289
13%
87%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$900/mo
+$822/mo
12.1%

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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1119 Shawnee St | Property Details | No Agent List