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$783,000

NAL Estimated Property Value

1127 Bayland Ave, Houston, TX, 77009

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,048 Sq Ft
price_per_sqft$739.5 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Electric Range, Dishwasher
FlooringTile, Wood

Exterior

Exterior FeaturesSprinkler System
Lot Size5,001 sqft

Building Information

Year Built1920
Garage Spaces2

Land Information

APN0620630000012
Lot Number12
SubdivisionNorhill
Land UseResidential
Legal DescriptionLT 12 BLK 12 NORHILL
Census Tract510302
Assessed Land Value$525,000
Assessed Improvement Value$195,063
Assessment Year2025

About this property

1920's era Classic Craftsman Bungalow with newer garage apartment on Woodland Heights tree-lined Bayland Ave. Updated with granite, cabinets, floors, electric & freeze resistant plumbing, recent roof & HVAC. Great curb appeal & move-in ready.The Garage Apt is over 2 car garage & store room, 617 sq ft, at the end of an elegant stamped concrete drive with electric security gate, was designed by Creole Design & built to be easily "camel-backed" to the house, with the apartment becoming a large, elegant master suite among the trees. It could also be a perfect home & office combination. A unique opportunity to get into the Heights on a premier street at a good price, with your cost supplemented by apt rental income, and when ready connect the apt to the home and build your dream home.

Investor Tools

Property Icon
$783,000
Estimated Property Value
$641,568Estimated Mortgage Balance
$141,432Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,698 /month
Positive
Cash Flow Estimate:
$1,566 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$686/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,315
$720,063
2025
$525,000
$195,063
$720,063
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,315
$720,063

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$658,125
Yes
First
Dec 31, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$641,568
$131,432
17%
82%
$3,946/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$3,946/mo
$-2,639/mo
2.0%

City: Houston

1127 Bayland Ave | Property Details | No Agent List