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$569,000

NAL Estimated Property Value

1122 Louise St, Houston, TX, 77009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,334 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$430.96 / sqft
Year BuiltBuilt in 1928

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1928
Stories1

Land Information

APN0350120050017
Lot Number17
SubdivisionStude
Land UseResidential
Legal DescriptionLT 17 BLK 5 STUDES SEC 1
Census Tract511502
Assessed Land Value$375,000
Assessed Improvement Value$182,129
Assessment Year2025

About this property

Blending Modern Comfort & Classic Character, this bright & fresh 3 bedroom, 1 1/2 bath home in the heart of the Heights has been thoughtfully updated, creating a warm & welcoming atmosphere. Renovated kitchen is a showpiece with granite countertops, s/s appliances & ample cabinetry. Primary bedroom offers custom built-ins for efficient, stylish storage, while both bathrooms have been renovated with tasteful finishes. The 3rd bedroom is tucked at the rear of the house and makes an excellent home office. Outdoor living shines here! Relax on your front porch or back porch or deck area. A gardener’s delight, the backyard boasts raised garden beds & a recent storage bldg. The front yard, framed by a charming fence lined with Peggy Martin roses, provides delightful curb appeal. Zoned to Field Elem. This location gives easy access to the great Heights restaurants, shops, farmer's market & local events. Located near major freeways, just minutes to Downtown.

Investor Tools

Property Icon
$569,000
Estimated Property Value
$325,240Estimated Mortgage Balance
$243,760Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,449 /month
Positive
Cash Flow Estimate:
$1,150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$886/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,788
$557,129
2025
$375,000
$182,129
$557,129
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,788
$557,129

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Home Mortgage Llc
Conventional
$343,000
No
First
Jul 19, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$325,240
$243,760
42%
57%
$2,057/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,057/mo
$-335/mo
3.6%

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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1122 Louise St | Property Details | No Agent List