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$742,000

NAL Estimated Property Value

1215 Malone St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,717 Sq Ft
price_per_sqft$275.67 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Wine Refrigerator, Double Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringCarpet, Wood

Exterior

Lot Size2,500 sqft

Building Information

Year Built2010
Garage Spaces2

Land Information

APN0300540110063
Lot Number5
SubdivisionWoodcrest
Land UseResidential
Legal DescriptionLT 5 BLK 11 WOODCREST
Census Tract510602
Assessed Land Value$212,500
Assessed Improvement Value$306,359
Assessment Year2025

About this property

First-floor living, elevated upgrades, and a prime location—welcome to 1215 Malone Street. Perfectly positioned near Memorial Park and Washington Ave, this home offers stylish and functional living across a well-designed floor plan. The main level features first-floor living, with a kitchen and living area designed for both comfort and entertaining. Throughout the entire home, you’ll find crown molding, recessed ceilings, and wood blinds, adding a refined touch to every room. In the kitchen, you'll find Bosch appliances, a wine bar, and a large island. The generous primary suite showcases a double shower, tray ceiling lighting, and a custom walk-in closet. Additional highlights include built-ins in every closet, a laundry room with cabinetry and direct access from the primary closet, and an EV charger. Upstairs, the game room includes surround sound, mini fridge, and access to the third-story patio—perfect for relaxing or hosting. Designed for comfort, placed for convenience.

Investor Tools

Property Icon
$742,000
Estimated Property Value
$553,640Estimated Mortgage Balance
$188,360Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,494 /month
Positive
Cash Flow Estimate:
$1,498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,270/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,524
$518,859
2025
$212,500
$306,359
$518,859
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,524
$518,859

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Loan Star Inc
Conventional
$595,200
No
First
Aug 23, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$553,640
$188,360
25%
75%
$3,569/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,569/mo
$-989/mo
4.2%

Learn About the Market: Opportunity in Houston

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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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1215 Malone St | Property Details | No Agent List