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Street View

$494,055

NAL Estimated Property Value

1203 1/2 Walton Street, Houston, TX, 77009

Off MarketInfo
LeaseInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths997 Sq Ft
Multi FamilyMulti Family
Year BuiltBuilt in 1940

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringConcrete, Tile

Exterior

Lot Size5,001 sqft

Building Information

Year Built1940

Land Information

APN0331350100008
Lot Number8
SubdivisionBrooke Smith
Land UseResidential
Legal DescriptionLT 8 BLK 100 BROOKE SMITH
Census Tract511600
Assessed Land Value$300,000
Assessed Improvement Value$194,055
Assessment Year2025

About this property

Agent/Owner. Cozy back apartment near the Heights area! Walking and biking distance to many great restaurants and easy access to the highways and rail line. Stainless steel appliances, washer, and dryer are included in the rent; as is water, lawn maintenance, and pest control.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,076/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,447
$494,055
2025
$300,000
$194,055
$494,055
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,447
$494,055

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Houston Capital Mortgage
Conventional
$180,000
No
First
Mar 16, 2016
Apr 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$141,037
$353,018
71%
29%
$1,080/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,080/mo
+$227/mo
3.2%

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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1203 1/2 Walton Street | Property Details | No Agent List