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$432,000

NAL Estimated Property Value

1306 W 24th Street, Houston, TX, 77008

Off MarketInfo
Baths0 Bath
Baths1,258 Sq Ft

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
HeatingHeating

Exterior

Lot Size5,619 sqft

Building Information

Year Built1950
Stories1

Land Information

APN0561650000360
SubdivisionShady Acres
Land UseResidential
Legal DescriptionTR 154F SHADY ACRES SEC 2
Census Tract511100
Assessed Land Value$337,200
Assessed Improvement Value$54,020
Assessment Year2025

About this property

Seize the chance to invest in one of Houston's most desirable neighborhoods with this expansive 11,060 sq. ft. lot (combined from 1306 & 1314 W 24th St). Nestled in the heart of Shady Acres, this property offers limitless potential for individuals, developers or homebuilders looking to create something truly special. Walking distance to multiple restaurants and night life plus close to Wright-Bembry Park, which features a fantastic playground and sports courts this is an amazing location you don’t want to miss. The property is being sold for lot value, as-is, where is, no repairs will be performed.

Investor Tools

Property Icon
$432,000
Estimated Property Value
$401,977Estimated Mortgage Balance
$30,023Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,350 /month
Positive
Cash Flow Estimate:
$1,450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$790/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,323
$391,220
2025
$337,200
$54,020
$391,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,323
$391,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crystal Clear Mortgage Llc
Conventional
$441,869
No
First
Aug 31, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$401,977
$30,023
6%
93%
$2,650/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$2,650/mo
$-420/mo
6.2%

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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1306 W 24th Street | Property Details | No Agent List