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$352,130

NAL Estimated Property Value

1215 Vera Lou St, Houston, TX, 77051

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,889 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.58 / sqft
Year BuiltBuilt in 2016

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
AppliancesDisposal, Gas Oven, Gas Range, Dishwasher
FlooringTile

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size11,761 sqft

Building Information

Year Built2016
Stories1
Garage Spaces1

Land Information

APN0650100130011
SubdivisionBrookhaven R/P
Land UseResidential
Legal DescriptionTRS 11 & 12A BLK M BROOKHAVEN R/P
Census Tract331100
Assessed Land Value$104,300
Assessed Improvement Value$247,830
Assessment Year2025

About this property

Nestled right in the heart of the up & coming Brookhaven neighborhood, enjoy close proximity to Medical Center, Downtown, shopping, dining and major freeways. This fully gated estate sits on a massive 11,760sqft lot. You'll be amazed at the magnificent floor plan featuring 2 master bedrooms, 2 secondary bedrooms, Chef's kitchen, formal dining area and spacious living & entertaining area. All rooms are masterfully redefined with beautiful gleaming tile, exquisite trim and designer, neutral paint tones. The true gem of this property which will not be found elsewhere is the awesome covered back patio equipped with outdoor kitchen w/sink, sitting areas and plenty of space for all your gatherings. Enjoy get togethers among the endless backyard with plentiful fruit trees scattered throughout the grounds. Home features a camera system pre-installed w/DVR, water softener and energy efficient mechnicals. This home rivals that of new construction in the area and move-in ready.

Investor Tools

Property Icon
$352,130
Estimated Property Value
$83,376Estimated Mortgage Balance
$268,754Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,113 /month
Positive
Cash Flow Estimate:
$704 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$761/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,368
$352,130
2025
$104,300
$247,830
$352,130
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,368
$352,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Greenpawn Properties Lp
Purchase Money Mortgage
$85,000
No
First
Apr 23, 2025
May 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$83,376
$268,754
76%
24%
$510/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$510/mo
+$1,716/mo
7.6%

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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1215 Vera Lou St | Property Details | No Agent List