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$416,000

NAL Estimated Property Value

1240 Prince St, Houston, TX, 77008

Recently SoldInfo
9/29/26
Beds2 Beds
Baths3 Bath
Baths1,925 Sq Ft
price_per_sqft$205.19 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Engineered Wood, Tile

Exterior

Lot Size1,533 sqft

Building Information

Year Built2005
Garage Spaces1

Land Information

APN1267380010016
Lot Number16
SubdivisionPark At Prince
Land UseResidential
Legal DescriptionLT 16 BLK 1 PARK AT PRINCE
Census Tract511201
Assessed Land Value$138,150
Assessed Improvement Value$242,263
Assessment Year2025

About this property

Nestled on a picturesque tree-lined street in the heart of the Heights, this charming and impeccably maintained home offers a rare combination of tranquility, convenience, and thoughtful design. Ideally situated within walking distance of some of the neighborhood’s most beloved restaurants, boutiques, and parks, the location perfectly captures the vibrant Heights lifestyle while maintaining a peaceful residential feel. Inside, the functional floor plan is designed for both everyday living and effortless entertaining, featuring open-concept living spaces filled with natural light and a versatile first-floor flex room ideal for a home office, game room, guest space, or third bedroom. Generously sized bedrooms provide comfort and privacy, while the expansive private back patio offers the perfect setting for outdoor dining, relaxing, or hosting guests. 2-year-old roof, and no flooding per seller; don't miss this exceptional opportunity in one of Houston’s most sought-after neighborhoods.

Investor Tools

Property Icon
$416,000
Estimated Property Value
$226,558Estimated Mortgage Balance
$189,442Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,496 /month
Positive
Cash Flow Estimate:
$832 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$628/month
$1,340/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,454
$380,413
2025
$138,150
$242,263
$380,413
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,454
$380,413

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Credit Line (Revolving) / Heloc
$250,000
No
First
Aug 20, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,558
$189,442
45%
54%
$1,499/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$2,839/mo
$-1,149/mo
4.9%

City: Houston