$525,000
118 North St, Houston, TX, 77009
On Market
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
Exterior
Lot Size5,001 sqft
Building Information
Year Built1920
Stories1
Garage Spaces1
Land Information
APN0152150050009
SubdivisionGrota Home
Land UseResidential
Legal DescriptionTR 9 BLK 31 GROTA HOME
Census Tract510301
Assessed Land Value$500,000
Assessed Improvement Value$118,039
Assessment Year2025
About this property
Located in the historic Germantown neighborhood, this property offers a unique opportunity just minutes from Downtown Houston. Surrounded by charming historic homes and tree-lined streets, this property blends timeless character with urban convenience. This two bedroom (possibly a third bedroom), two bath house offers endless possibilities to create a HOME that is uniquely YOURS! Enjoy easy access to major freeways, local parks, dining, and entertainment, all while being part of a community with rich history. Schedule a showing today!
Investor Tools
$0Estimated Mortgage Balance
$618,039Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,708 /month
Positive
Cash Flow Estimate:
$1,236 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$330/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$872
$618,039
2025
$500,000
$118,039
$618,039
No
Tax History
Year
Tax Paid
Assessed Value
2024
$872
$618,039
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$618,039
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
2.5%
