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Owner Contacts

$250,000

NAL Estimated Property Value

1247 Common Park Dr, Houston, TX, 77009

Off Market

2 Beds

2 Bath

1,116 Sq Ft

$214.16 / sqft

Built in 1940

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Garage Available

Heating

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher

FlooringVinyl Plank

Exterior

Lot Size2,914 sqft

Building Information

Year Built1940

Stories1

Garage Spaces1

Land Information

APN0750310010009

Land UseResidential

Legal DescriptionTRS 5B & 6 BLK 1 COUCH PARK SEC 1

Census Tract210400

Assessed Land Value$153,527

Assessed Improvement Value$41,314

Assessment Year2025

About this property

This fully renovated home, just minutes from Downtown is a stunning blend of modern luxury & cozy charm. Perfect for investors who r looking to airbnb - steps away from the popular White Oak Music Hall. Step inside to find an extensive renovation, including new insulation, sheetrock, & freshly painted walls. A gorgeous faux stained beam adds a touch of rustic elegance to the space. The kitchen shines with new shaker-style cabinets, machine-sprayed for a flawless finish, dolomite countertops with a stylish waterfall edge, & a sleek 16-gauge stainless steel sink. Water-resistant laminate & tile flooring flow seamlessly throughout the home, while the bathrooms have been beautifully upgraded, featuring a luxurious new walk-in shower. This home offers the perfect mix of tranquility and convenience, all just moments from Houston’s vibrant city life!

Investor Tools

$250,000

Estimated Property Value

$0Estimated Mortgage Balance

$250,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,500 /month

Positive

Cash Flow Estimate:

$500 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$444/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,083

$194,841

2025

$153,527

$41,314

$194,841

Tax History

Year

Tax Paid

Assessed Value

2024

$4,083

$194,841

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$240,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

N/A

+$1,307/mo

6.3%

Learn About the Market: Opportunity in Houston

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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.

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