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$429,900

1307 Walton St, Houston, TX, 77009

$524,824 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths1,536 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$279.88 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dryer, Washer, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size5,001 sqft

Building Information

Year Built1940
Garage Spaces2

Land Information

APN0331350090010
Lot Number10
SubdivisionBrooke Smith
Land UseResidential
Legal DescriptionLT 10 BLK 99 BROOKE SMITH
Census Tract511600
Assessed Land Value$300,000
Assessed Improvement Value$178,013
Assessment Year2025

About this property

Nestled in the desirable Brooke Smith community, this inviting 3-bedroom, 3-bathroom home offers a bright, open layout with thoughtful updates throughout. The kitchen features granite countertops and stainless steel appliances, while the spacious living area and flexible upstairs bonus space provide room to fit a variety of lifestyles. Honey-toned vinyl plank flooring was recently installed throughout the downstairs, adding warmth and durability. Outdoor spaces include a welcoming front porch, a large back deck ideal for entertaining, a fenced yard, and an automatic driveway gate! Conveniently located just minutes from The Heights, downtown Houston, and major highways including I-610 and I-45, this home combines neighborhood charm with outstanding accessibility.

Investor Tools

$236,433Estimated Mortgage Balance
$243,080Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$524,824
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,868 /month
Positive
Cash Flow Estimate:
$956 /month

Interested in this property?

Shana Hill

Evan S. Howell, Inc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,117/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,014
$478,013
2025
$300,000
$178,013
$478,013
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,014
$478,013

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kwik Mortgage Corp
Conventional
$269,450
No
First
Apr 8, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$236,433
$247,567
51%
49%
$1,616/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,616/mo
+$106/mo
4.3%

City: Houston

1307 Walton St | Property Details | No Agent List