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$699,000

1308 Bingham St, Houston, TX, 77007

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,880 Sq Ft
price_per_sqft$371.81 / sqft
Year BuiltBuilt in 1926

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer Included, Washer Included, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size6,499 sqft

Building Information

Year Built1926
Stories1
Garage Spaces1

Land Information

APN0050890000002
Lot Number2
SubdivisionBaker Nsbb
Land UseResidential
Legal DescriptionLT 2 & TR 11 BLK 264 BAKER NSBB
Census Tract510100
Assessed Land Value$338,000
Assessed Improvement Value$410,264
Assessment Year2025

About this property

Experience something rare and unique in this home in The First Ward. Built in 1926 this home is 100 years old, but has been updated, expanded, and improved in 2020. 1308 Bingham offers 3 Bedroom, 2 Bath a sizable inner city lot with gated driveway. Just minutes from downtown, close to the Heights, Shopping, Dining, Art Events and Exhibits at Sawyer Yards. Heights Hike and Bike Trail is just 4 blocks north. This is a gem that a must see. Please schedule a tour.

Investor Tools

$77,835Estimated Mortgage Balance
$670,429Estimated Equity
89% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,490 /month
Positive
Cash Flow Estimate:
$1,497 /month

Interested in this property?

Gary Fondel

Sluco Realty Services

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,287/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,700
$748,264
2025
$338,000
$410,264
$748,264
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,700
$748,264

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Klein Bank
N/A
$844,000
N/A
First
Feb 20, 1998
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$77,835
$670,429
89%
10%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
N/A
+$2,580/mo
4.1%

City: Houston

1308 Bingham St | Property Details | No Agent List