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$303,000

NAL Estimated Property Value

1210 Shelby St, Houston, TX, 77009

Off MarketInfo
CommercialInfo
Beds4 Beds
Baths2 Bath
Baths1,600 Sq Ft
Multi FamilyMulti Family
price_per_sqft$186.88 / sqft
Year BuiltBuilt in 1960

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
AppliancesDisposal, Microwave, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size7,501 sqft

Building Information

Year Built1960

Land Information

APN0310620000015
Lot Number12
SubdivisionRyon
Land UseResidential
Legal DescriptionLT 12 & TR 11A BLK 62 RYON
Census Tract210500
Assessed Land Value$207,500
Assessed Improvement Value$40,168
Assessment Year2025

About this property

Well-maintained duplex offering an excellent owner-occupant or investment opportunity. Property has two 2-bedroom, 1-bath units with proven rental history and strong tenant demand. Live in one unit and rent the other, or add a stabilized multifamily asset to your portfolio. Units feature quartz countertops, LVP flooring, and modern finishes and offer spacious yards and curb appeal. Offered at a strategic price due to seller timeline, creating a rare opportunity to acquire a stabilized duplex below full retail value. Seller may consider subject-to option. Ideally located minutes from Houston Heights and Lindale Park, with convenient access to I-45, I-10, METRORail Red Line, and nearby dining, shopping, and entertainment. This property offers strong potential for rental income, redevelopment, or a flexible live-and-lease arrangement.

Investor Tools

Property Icon
$303,000
Estimated Property Value
$615,214Estimated Mortgage Balance
$303,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,818 /month
Positive
Cash Flow Estimate:
$606 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$597/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,649
$247,668
2025
$207,500
$40,168
$247,668
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,649
$247,668

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Va
$305,000
Yes
First
Apr 2, 2026
May 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$615,214
N/A
0%
203%
$3,695/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$3,695/mo
$-1,469/mo
8.8%

City: Houston

1210 Shelby St | Property Details | No Agent List