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$141,000

NAL Estimated Property Value

12893 Mcnair St, Houston, TX, 77015

SoldInfo
7/08/26
Beds1 Beds
Baths1 Bath
Baths432 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$231.48 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
AppliancesElectric Oven, Microwave, Electric Cooktop

Exterior

Lot Size5,994 sqft

Building Information

Year Built1940
Stories1

Land Information

APN0642250090046
SubdivisionGreens Bayou Park
Land UseResidential
Legal DescriptionTR 10A-1 GREENS BAYOU PARK
Census Tract232704
Assessed Land Value$49,557
Assessed Improvement Value$42,206
Assessment Year2025

About this property

Located in the revitalizing Greens Bayou area, this unique property offers endless possibilities! Sitting on nearly 6,000 sq ft of land, this 1-bedroom, 1-bathroom home is perfect for a first-time homebuyer, investor, or developer with vision. With NO deed restrictions, the opportunities are endless — enjoy the existing home, expand it, or rebuild with multiple single-family homes. The home features a fairly new roof, split heating and cooling units in the family room and bedroom, an open kitchen and living area, and a spacious primary suite with ensuite bathroom. An additional front buildout has already been started and could easily become a second bedroom or flex space with minor improvements. Conveniently located near major highways for easy access to Downtown Houston, shopping, and dining. Whether you're looking to invest, develop, or create your own space, this property is full of potential. Welcome Home.

Investor Tools

Property Icon
$141,000
Estimated Property Value
$0Estimated Mortgage Balance
$141,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$846 /month
Positive
Cash Flow Estimate:
$282 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$206/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,772
$91,763
2025
$49,557
$42,206
$91,763
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,772
$91,763

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$141,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
N/A
+$1,095/mo
9.3%

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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12893 Mcnair St | Property Details | No Agent List