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$1,138,000

NAL Estimated Property Value

1229 Waverly St, Houston, TX, 77008

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,928 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$392.76 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Water Softener, Wine Refrigerator, Gas Oven, Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Wood

Exterior

Lot Size3,302 sqft

Building Information

Year Built2019
Garage Spaces2

Land Information

APN1405700010002
Lot Number2
Land UseResidential Single Family
Legal DescriptionLT 2 BLK 1 NEBULA WAVERLY HOMES
Census Tract511301
Assessed Land Value$297,000
Assessed Improvement Value$713,393
Assessment Year2025

About this property

MULTIPLE OFFERS EXPECTED. OFFER DEADLINE SET FOR 1/24 AT 5PM. 1229 Waverly is a beautifully crafted 2020 two-story home featuring 4 bedrooms/3.5 baths, & located less than a block from the Heights Hike & Bike Trail. The first floor features an open plan with a chef's kitchen boasting a 36" six-burner gas range, massive island with seating, butler's pantry, mud room, powder bath, & under-stair dry bar. Relax or entertain on the covered back patio with gas connection and artificial turf backyard, easy on kids or pets. Upstairs offers a spacious primary retreat with a private balcony, sitting area, stunning Carrera marble bathroom, & an elegant walk-in closet with wall-to-wall built-ins. A guest suite with a private bath, built-in work space, along with two more bedrooms sharing a jack-and-jill bathroom round out the upstairs.

Investor Tools

Property Icon
$1,138,000
Estimated Property Value
$829,139Estimated Mortgage Balance
$308,861Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,900 /month
Positive
Cash Flow Estimate:
$2,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,794/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,836
$1,010,393
2025
$297,000
$713,393
$1,010,393
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,836
$1,010,393

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Huntington National Bank
Conventional
$832,750
No
First
Feb 13, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$829,139
$308,861
27%
73%
$4,993/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$4,993/mo
$-2,113/mo
3.0%

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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1229 Waverly St | Property Details | No Agent List