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$180,079

1254 Common Park Dr, Houston, TX, 77009

SoldInfo
7/22/26
Beds2 Beds
Baths1 Bath
Baths624 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.23 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating

Exterior

Lot Size2,914 sqft

Building Information

Year Built1940
Stories1
Garage Spaces1

Land Information

APN0750310020010
Land UseResidential
Legal DescriptionTRS 5B & 6B BLK 2 COUCH PARK SEC 1
Census Tract210400
Assessed Land Value$153,527
Assessed Improvement Value$26,552
Assessment Year2025

About this property

Exceptional opportunity to own property in the rapidly developing zip code of 77009. Just minutes from Downtown Houston, this 2-bedroom, 1-bath home is being sold AS IS, and is priced at lot value only. Whether you're looking to build a new home, develop an investment property, or secure land in a high-growth location, this property offers outstanding potential. Enjoy the added benefits of no MUD tax, no HOA dues, and a low tax rate, helping maximize your investment. Conveniently located just steps from the Metro Light Rail, with easy access to Downtown, major freeways, dining, and entertainment. Don't miss this rare opportunity.

Investor Tools

Property Icon
$180,079
Estimated Property Value
$0Estimated Mortgage Balance
$180,079Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,080 /month
Positive
Cash Flow Estimate:
$360 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$389/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,772
$180,079
2025
$153,527
$26,552
$180,079
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,772
$180,079

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$180,079
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
8.7%

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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1254 Common Park Dr | Property Details | No Agent List