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Owner Contacts

$714,257

NAL Estimated Property Value

1128 E 16th St, Houston, TX, 77009

Off Market

2 Beds

2 Bath

1,352 Sq Ft

Single Family Residence

$547.34 / sqft

Built in 1925

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Convection Oven, Microwave, Gas Cooktop, Dishwasher

FlooringTile, Wood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1925

Stories1

Garage Spaces3

Land Information

APN0620870000008

Lot Number8

SubdivisionNorth Norhill

Land UseResidential

Legal DescriptionLT 8 BLK 108 NORTH NORHILL

Census Tract511400

Assessed Land Value$450,000

Assessed Improvement Value$264,257

Assessment Year2025

About this property

Nestled in the heart of Houston Heights' Norhill Historic District, this impeccably renovated home combines historic charm with modern updates. Featuring an open living / dining / kitchen layout, with 2 bedrooms & 2 full baths, oak floors, high ceilings & insulated windows. An outstanding custom kitchen boasts quartz countertops & abundant cabinet space, and it all flows seamlessly to the back porch & inviting low-maintenance backyard. Spacious primary suite includes vaulted ceiling, walk-in closet & luxurious bath. Hall bath renovation includes crisp white & black tiled shower. Recent oversized garage w/ workbench, plus 2 versatile rooms perfect for home office or gym. Roof, HVAC, plumbing, electric panel, insulation & water heater all 2020/2021, along with new concrete, irrigation system and Generac generator. All renovations completed by respected Lucas Craftsmanship, known for excellence. Situated on one of Norhill’s best streets, with fantastic neighbors, this home is a true gem!

Investor Tools

$714,257

Estimated Property Value

$627,552Estimated Mortgage Balance

$86,705Estimated Equity

12% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,440 /month

Positive

Cash Flow Estimate:

$1,480 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$748/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,402

$714,257

2025

$450,000

$264,257

$714,257

Tax History

Year

Tax Paid

Assessed Value

2024

$5,402

$714,257

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Bwc Mortgage Services

Conventional

$641,750

First

Feb 14, 2025

Mar 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$627,552

$86,705

12%

88%

$3,848/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$3,848/mo

$-2,126/mo

2.9%

Learn About the Market: Opportunity in Houston

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