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$1,653,000

NAL Estimated Property Value

1202 Ashland St, Houston, TX, 77008

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths2,939 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$561.42 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Wine Refrigerator, Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size6,599 sqft

Building Information

Year Built1935
Garage Spaces2

Land Information

APN0201780000019
Lot Number19
SubdivisionHouston Heights
Land UseResidential
Legal DescriptionLT 19 & TR 20A BLK 182 HOUSTON HEIGHTS
Census Tract511301
Assessed Land Value$594,000
Assessed Improvement Value$461,371
Assessment Year2025

About this property

Sophisticated luxury living awaits in this recently renovated 4BD/4BA showplace featuring exceptional finishes, a poolside outdoor oasis, two-car garage and separate studio/apartment in the heart of Houston Heights. Inside this turnkey abode, the expansive layout is filled with hardwood floors, tall ceilings with recessed LED lighting, and charming original details. Formal living/dining areas lead to new steel-and-glass doors that reveal a large family room and a work-of-art gourmet kitchen with storage and butler's pantries and a breakfast nook. A separate wing includes a secondary suite, bedroom and guest bath, while a large laundry/mudroom adds wonderful convenience. Above, you'll find two more secondary beds, a semi-private bath, and the spectacular owner's suite featuring a stunning spa bath and WIC. Outside, the covered rear porch overlooks manicured landscaping, a new pool/spa, and the new garage apartment with a kitchenette and full bathroom. Extensive upgrades. Ideal location.

Investor Tools

Property Icon
$1,653,000
Estimated Property Value
$495,134Estimated Mortgage Balance
$1,157,866Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,918 /month
Positive
Cash Flow Estimate:
$3,306 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,958/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,233
$1,055,371
2025
$594,000
$461,371
$1,055,371
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,233
$1,055,371

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$500,000
No
First
Jul 3, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$495,134
$1,155,866
70%
30%
$3,076/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$3,076/mo
$-196/mo
2.1%

City: Houston

1202 Ashland St | Property Details | No Agent List