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$1,336,000

1304 Malone St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,595 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$250.48 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size2,875 sqft

Building Information

Year Built2018
Garage Spaces1

Land Information

APN0300520080057
Lot Number23
SubdivisionWoodcrest
Land UseResidential
Legal DescriptionLT 23 BLK 8 WOODCREST
Census Tract510602
Assessed Land Value$228,438
Assessed Improvement Value$381,990
Assessment Year2025

About this property

Welcome to 1304 Malone St! This stunning 2-story residence offers prime location, an exceptional fully-turfed backyard and a versatile bonus room to adapt to your personal lifestyle. Stepping inside, you'll be greeted by a bright and inviting open floor plan with rich hardwoods and elegant finishes. The first floor features a spacious living room, sophisticated dining area, and chef's kitchen with ample storage. Upstairs, enjoy an expansive primary bedroom with a luxurious en-suite bath, the perfect escape at the end of a long day. The upstairs flex space is perfect for a home office, workout space, game room or media room. Step outside and discover a private backyard retreat, ideal for relaxing with a glass of wine or entertaining friends. The wide driveway offers additional parking in this sought-after neighborhood. It is immaculately maintained and move-in ready! Walkable to El Tiempo, Yellow Cup, & Washington Ave restaurants. Short walk to Memorial Park! This home truly has it all!

Investor Tools

Property Icon
$1,336,000
Estimated Property Value
$520,000Estimated Mortgage Balance
$253,777Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,016 /month
Positive
Cash Flow Estimate:
$2,672 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,371/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,769
$610,428
2025
$228,438
$381,990
$610,428
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,769
$610,428

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security National Mortgage Co
Conventional
$520,000
No
First
Mar 10, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,082,223
$253,777
18%
81%
$6,626/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$6,626/mo
$-4,046/mo
2.3%

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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