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$1,151,502

NAL Estimated Property Value

1135 Omar St, Houston, TX, 77009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,616 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$572.4 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringTile, Wood

Exterior

Lot Size8,520 sqft

Building Information

Year Built1935
Stories1
Garage Spaces2

Land Information

APN0620590000010
Lot Number10
SubdivisionNorhill
Land UseResidential
Legal DescriptionLT 10 BLK 8 NORHILL
Census Tract510302
Assessed Land Value$849,870
Assessed Improvement Value$301,632
Assessment Year2025

About this property

This home zoned to Travis Elementary boasts an inviting front porch surround by privacy landscaping w/ evergreen shrubs and seasonal blooming flowers. A detached 2-car garage, & separate gardening house are tucked behind a gated driveway w/ automatic gate matching the 8 ft privacy fence! While the exterior of this property is a rare gem, the floor plan features a large living room and dining room that are open to the oversized recently renovated kitchen. The kitchen offers miles of prep space dressed in easy to maintain quartz countertops, a classic subway tile backsplash, multiple windows allowing natural light to flow freely and a conveniently placed mud/utility room off of the back door. The primary suite is nested overlooking the large backyard while two guest bedrooms sharing a jack & jill bath sit at the front. 1135 Omar is a stones throw away from coffee & restaurants along Studewood like Antidote, Asch Building, Someburger & so many more.

Investor Tools

Property Icon
$1,151,502
Estimated Property Value
$894,630Estimated Mortgage Balance
$256,872Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,909 /month
Positive
Cash Flow Estimate:
$2,303 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,615/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,627
$1,151,502
2025
$849,870
$301,632
$1,151,502
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,627
$1,151,502

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Morgan Stanley Private Bank Na
Conventional
$925,000
No
First
Jul 26, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$894,630
$256,872
22%
78%
$5,546/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$5,546/mo
$-3,824/mo
1.8%

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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1135 Omar St | Property Details | No Agent List