NoAgentList RatingHow are grades calculated?

1view

$858,000

1238 Ashland St, Houston, TX, 77008

Off Market

2 Beds

3 Bath

1,760 Sq Ft

Single Family Residence

$359.38 / sqft

Built in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher

FlooringCarpet, Tile

Exterior

Private Pool

Lot Size5,619 sqft

Building Information

Year Built1983

Garage Spaces2

Land Information

APN0201780000046

SubdivisionHouston Heights

Land UseResidential

Legal DescriptionTRS 31 & 32 BLK 182 HOUSTON HEIGHTS

Census Tract511301

Assessed Land Value$505,800

Assessed Improvement Value$309,000

Assessment Year2025

About this property

WOW! Come see this DARLING home with a SPARKLING POOL on an OVERSIZED LOT with wrap around porch! Awesome location in Historic Heights! Welcome home to this charming, well-maintained home with a sparkling salt water pool (2019) with 2 car garage and automatic gate! Tile wood look floors sweep you into this home with soaring ceilings and open floor plan! Lots of natural light! The island kitchen features great counter and cabinet space! Private master retreat with spacious walk-in closet! Great secondary bedroom with private bath! Recent A/C! Entertain the spacious backyard with salt water pool and hardscape! Great storage! Walk to all of your favorite locations in the Heights-close to restaurants, shopping and trails! Call for your private showing!

Investor Tools

$858,000

Estimated Property Value

$484,000Estimated Mortgage Balance

$186,806Estimated Equity

44% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,148 /month

Positive

Cash Flow Estimate:

$1,716 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,347/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,869

$814,800

2025

$505,800

$309,000

$814,800

Tax History

Year

Tax Paid

Assessed Value

2024

$11,869

$814,800

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Better Mortgage Corporation

Conventional

$484,000

First

Sep 24, 2020

Oct 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$671,194

$155,806

18%

78%

$4,371/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,690/mo

$4,371/mo

$-2,681/mo

2.4%

Learn About the Market: Opportunity in Houston

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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.

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