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$464,000

NAL Estimated Property Value

1242 Prince St, Houston, TX, 77008

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,925 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.4 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Gas Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringLaminate, Tile, Wood

Exterior

Lot Size1,612 sqft

Building Information

Year Built2006
Garage Spaces1

Land Information

APN1267380010015
Lot Number15
SubdivisionPark At Prince
Land UseResidential
Legal DescriptionLT 15 BLK 1 PARK AT PRINCE
Census Tract511201
Assessed Land Value$145,170
Assessed Improvement Value$245,440
Assessment Year2025

About this property

Bright and airy 3-story home with new interior paint, engineered wood floors, and a versatile flex room, perfect as an office, gym, or guest room. The open kitchen features ample storage, counter space, and barely used appliances, ideal for entertaining. Primary suite includes a jetted tub, double sinks, separate shower, and two closets (one walk-in). Secondary bedroom has an en-suite bath. Grassy backyard is great for pets. Walkable to Bayou Trail, Historic Heights, dining, and freeways.

Investor Tools

Property Icon
$464,000
Estimated Property Value
$244,509Estimated Mortgage Balance
$219,491Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,784 /month
Positive
Cash Flow Estimate:
$928 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$667/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,680
$390,610
2025
$145,170
$245,440
$390,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,680
$390,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$266,250
No
First
Jan 14, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,509
$217,491
47%
53%
$1,597/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$1,597/mo
+$93/mo
4.4%

City: Houston

1242 Prince St | Property Details | No Agent List