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$485,000

NAL Estimated Property Value

1129 W 15th 1/2 St Unit A, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,099 Sq Ft
price_per_sqft$199.86 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer

Exterior

Lot Size1,816 sqft

Building Information

Year Built2006
Garage Spaces2

Land Information

APN1277380010001
Lot Number1
SubdivisionWaldron Development
Land UseResidential
Legal DescriptionLT 1 BLK 1 WALDRON DEVELOPMENT SEC 3
Census Tract511201
Assessed Land Value$99,825
Assessed Improvement Value$298,178
Assessment Year2025

About this property

Welcome to 15th 1/2 Street in Shady Acres, tucked away from the hustle and bustle yet a stones throw away from an array of bars, breweries, restaurants & more nearby. One of the few neighborhood streets with accessible sidewalks, proximate parks and White Oak Bayou Trail around the bend. Stroll over to SPJ On a Thursday and experience the ever-popular BYOB bingo night. This 3bdrm 3.5 bath home sits as a corner unit with Sunlight entering on three sides. Offering a rare configuration that divides the living/kitchen & dining spaces perfectly. Recently RePainted Exterior & Interior Walls, Kitchen Cabinets made Light and Bright with Warm Granite, Modern Touches high and low, Engineered Red Oak & Porcelain Tile throughout. 2020 HVAC *10 Year Warranty, 2019 LG DishWasher & Disposal, 2016 Roof & Balcony. Living Room has Dry Bar, Built In Shelves and 12ft Ceilings, Mounted LG TV & Full Appliance package included, Nest Thermo Installed. No HOA. Secure and Gated.

Investor Tools

Property Icon
$485,000
Estimated Property Value
$400,399Estimated Mortgage Balance
$84,601Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,910 /month
Positive
Cash Flow Estimate:
$970 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$879/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,120
$398,003
2025
$99,825
$298,178
$398,003
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,120
$398,003

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sofi Bank Na
Fha
$402,573
Yes
First
Nov 20, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$400,399
$96,601
19%
83%
$2,513/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$2,513/mo
$-283/mo
5.5%

Learn About the Market: Opportunity in Houston

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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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1129 W 15th 1/2 St Unit A | Property Details | No Agent List