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$750,000

1243 W 15th 1/2 Street, Houston, TX, 77008

On MarketInfo
Beds3 Beds
Baths5 Bath
Baths3,104 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$241.62 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Dryer Included, Refrigerator Included, Washer Included, Gas Oven, Trash Compactor, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Exterior FeaturesBack Green Space, Balcony, Side Yard, Sprinkler System
Lot Size4,217 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN0561670060028
Lot Number28
SubdivisionShady Acres Extn
Land UseResidential
Legal DescriptionLT 28 BLK 1 SHADY ACRES EXTN SEC 3 4TH PAR R/P
Census Tract511201
Assessed Land Value$231,935
Assessed Improvement Value$668,065
Assessment Year2025

About this property

Private lakefront sanctuary in the Heights that truly must be experienced. Enjoy the soothing sound of the fountain spraying across the water. Enjoy contemporary living in this 3 bedroom, 4.5 bathroom, huge flex room, 2 car garage in this free standing contemporary townhouse. A chef’s kitchen shines with a commercial gas range and ceiling-height cabinetry, while 12' ceilings and triple-track glass doors stack to open three-quarters of the way, seamlessly merging the indoors on multiple private covered balconies. With owned solar panels & a whole-house generator, this home offers a level of sophistication that photos simply cannot capture. From the South-facing downtown skyline views to the steps-away access to White Oak Bayou Trail and local dining, it’s the pinnacle of modern living. This home is a must see. Schedule a private showing to feel the magic of this home today.

Investor Tools

$398,342Estimated Mortgage Balance
$501,658Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,400 /month
Positive
Cash Flow Estimate:
$1,800 /month

Interested in this property?

Virginia Calise

JLA Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,508/month
$1,257/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,602
$900,000
2025
$231,935
$668,065
$900,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,602
$900,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bokf Na
Conventional
$441,270
No
First
May 14, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$398,342
$501,658
55%
44%
$2,646/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$3,903/mo
$-1,673/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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1243 W 15th 1/2 Street | Property Details | No Agent List