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$2,044,648

NAL Estimated Property Value

1302 Omar St, Houston, TX, 77008

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,264 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$397.51 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size6,251 sqft

Building Information

Year Built2017
Garage Spaces2

Land Information

APN0350240460014
Lot Number14
SubdivisionStude
Land UseResidential
Legal DescriptionLT 14 BLK 46 STUDES SEC 2
Census Tract510400
Assessed Land Value$562,500
Assessed Improvement Value$1,482,148
Assessment Year2025

About this property

Gorgeous, super spacious Heights home on a corner lot in a quiet locale, boasting an amazing backyard with a pool. Custom built by Ashton Gray Homes, 1302 Omar is ideal for entertaining (inside & out) and provides plenty of room to grow. 1st floor study could be the perfect home office, while the 2nd floor game room (with a balcony overlooking the pool) is a prime space to spend quality time. Beautiful island kitchen sits at the heart of the open, light-filled living space. Impressive primary bedroom features a large bedroom with tray ceiling, bath with frameless shower, soaking tub, dual sinks (plus a separate vanity), huge walk-in closet with custom built-ins, and a private balcony. All bedrooms have their own en suite bath. Backyard includes a covered porch that’s ideal for dining al fresco, sizable pool & spa, and additional greenspace. Superb location just 1 block from Studewood and great local spots like Mastrantos, Maison Pucha Bistro, Sonoma, Antidote & the new Asch Building.

Investor Tools

Property Icon
$2,044,648
Estimated Property Value
$1,253,008Estimated Mortgage Balance
$791,640Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,268 /month
Positive
Cash Flow Estimate:
$4,089 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,485/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$31,595
$2,044,648
2025
$562,500
$1,482,148
$2,044,648
No

Tax History

Year
Tax Paid
Assessed Value
2024
$31,595
$2,044,648

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wintrust Mortgage
Conventional
$1,380,000
No
First
Jul 13, 2021
Aug 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,253,008
$810,992
39%
61%
$8,274/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$8,274/mo
$-5,394/mo
1.7%

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.

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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1302 Omar St | Property Details | No Agent List