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$183,899

NAL Estimated Property Value

1227 Common Park Dr, Houston, TX, 77009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths728 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$288.46 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
AppliancesConvection Oven, Gas Range
FlooringVinyl, Wood

Exterior

Lot Size2,901 sqft

Building Information

Year Built1940
Stories1
Garage Spaces2

Land Information

APN0750310010004
Land UseResidential
Legal DescriptionTRS 2B & 3 BLK 1 COUCH PARK SEC 1
Census Tract210400
Assessed Land Value$153,763
Assessed Improvement Value$30,136
Assessment Year2025

About this property

Charming 2-bedroom, 1-bath home plus additional guest suite! Conveniently located near the University of Houston, this property features original wood floors, a new carport, and an extra room in the back with a full bath — perfect for guests, a home office, or rental income potential. With its great location and endless possibilities, this home offers an excellent investment opportunity. Priced to sell! This property offers exceptional convenience to Downtown Houston and major highways, including I-45, I-10, and US-59. Just minutes from the METRO Rail, and super close from Northside High School, the location is unmatched. Located just minutes from the exciting East River development, you’ll soon enjoy new shopping, dining, office, and entertainment destinations right nearby. The neighborhood is rapidly transforming, driving strong potential for both property value growth and rental demand.

Investor Tools

Property Icon
$183,899
Estimated Property Value
$0Estimated Mortgage Balance
$183,899Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,260 /month
Positive
Cash Flow Estimate:
$420 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$175/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,182
$183,899
2025
$153,763
$30,136
$183,899
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,182
$183,899

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$187,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
8.5%

City: Houston

1227 Common Park Dr | Property Details | No Agent List