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$383,568

NAL Estimated Property Value

1303 Morris St, Houston, TX, 77009

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,731 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$225.25 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Vinyl

Exterior

Lot Size2,557 sqft

Building Information

Year Built2022
Garage Spaces1

Land Information

APN1457350010005
Lot Number5
Land UseResidential Single Family
Legal DescriptionLT 5 BLK 1 MORRIS OAKS
Census Tract210400
Assessed Land Value$96,863
Assessed Improvement Value$286,705
Assessment Year2025

About this property

Stunning two-story new construction home located in the center of it all, the highly desired Northside. This new construction home boast beautiful vinyl plank floors, stainless steel appliances, a private driveway and a private backyard located just off the living area. The primary suite has tall ceilings, large walk-in closet, a freestanding tub, and double sinks.

Investor Tools

Property Icon
$383,568
Estimated Property Value
$384,877Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,339 /month
Positive
Cash Flow Estimate:
$780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$603/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,320
$383,568
2025
$96,863
$286,705
$383,568
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,320
$383,568

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Conventional
$396,050
No
First
Oct 23, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$384,877
N/A
0%
100%
$2,375/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,375/mo
$-653/mo
5.4%

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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1303 Morris St | Property Details | No Agent List