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Owner Contacts

$664,351

NAL Estimated Property Value

1223 Posey St, Houston, TX, 77009

Off Market

3 Beds

2 Bath

1,804 Sq Ft

$321.51 / sqft

Built in 2016

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer

FlooringTile, Wood

Exterior

Lot Size4,800 sqft

Building Information

Year Built2016

Stories1

Garage Spaces2

Land Information

APN0512370000003

Lot Number3,4

SubdivisionLizzieton Terrace

Land UseResidential

Legal DescriptionLTS 3 & 4 BLK 3 LIZZIETON TERRACE

Census Tract511600

Assessed Land Value$360,000

Assessed Improvement Value$304,351

Assessment Year2025

About this property

From the moment you step onto the wide front porch, 1223 Posey feels like home. Tucked on a quiet street near Brooke Smith, this craftsman-style bungalow blends vintage charm with modern comfort. Inside, rich hardwoods, classic millwork, and curated finishes create a timeless, welcoming vibe. The open-concept kitchen shines with leathered granite, stainless appliances, and smart pantry storage—ready for weeknight meals or dinner parties. A spacious study offers flexibility for work, play, or guests. The dreamy primary suite invites you to unwind with a freestanding soaking tub, oversized shower, and dual sinks. Enjoy morning coffee out back, movie nights with built-in sound, and easy living with a garage, carport, and fully fenced yard. Every detail was designed for beauty, flow, and real life.

Investor Tools

$664,351

Estimated Property Value

$239,164Estimated Mortgage Balance

$425,187Estimated Equity

64% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,986 /month

Positive

Cash Flow Estimate:

$1,329 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,075/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,580

$664,351

2025

$360,000

$304,351

$664,351

Tax History

Year

Tax Paid

Assessed Value

2024

$9,580

$664,351

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Interlinc Mortgage Services Llc

Conventional

$290,500

First

Oct 4, 2017

Nov 2047

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$239,164

$425,187

64%

36%

$1,742/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,742/mo

$-20/mo

3.1%

Learn About the Market: Opportunity in Houston

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