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$560,000

NAL Estimated Property Value

1215 E Washington Avenue, Navasota, TX, 77868

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths4,392 Sq Ft
price_per_sqft$96.77 / sqft
Year BuiltBuilt in 1890

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
AppliancesMicrowave
FlooringWood

Building Information

Year Built1890
Stories2
Roof Type105
Garage Spaces1

Land Information

APNR23792
Lot Number5
Land UseOther / Unknown
Legal DescriptionFELDER, BLOCK 1, LOT 5, (HORLOCK HOUSE)
Census Tract180201
Assessed Land Value$36,880
Assessed Improvement Value$385,270
Assessment Year2025

About this property

Historical home built in 1892 resides on a large lot in the heart of the growing city of Navasota. The 4 bedroom home exhibits influences of the Eastlake & Stick styles of architecture from the wood floors, decorative woodwork, arched windows, and gabled hoods. Through the front door, you are greeted by three large living spaces that include a gas fireplace, French doors and ample natural light from the large windows. Up the beautiful, wooden staircase are the bedrooms, 1 full bath and laundry room. A staircase on the backside of the home leads downstairs & up another flight of stairs to a built-out attic that would make a great library or study. Outside the home, there is a 670sf room that has its own HVAC & private entrance, great for an office space. Each floor has its own HVAC unit, mini split in attic. For the last several years, the property has served as accommodations to the Artists in Resisdence, an art gallery and al museum. Please see attached for more information.

Investor Tools

Property Icon
$560,000
Estimated Property Value
$395,427Estimated Mortgage Balance
$164,573Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,360 /month
Positive
Cash Flow Estimate:
$1,120 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$743/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,113
$422,150
2025
$36,880
$385,270
$422,150
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,113
$422,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$403,750
No
First
Mar 3, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$395,427
$164,573
29%
71%
$2,421/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,630/mo
$2,421/mo
$-791/mo
3.5%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Navasota

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