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$636,186

1308 Malone St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,576 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$262.03 / sqft
Year BuiltBuilt in 2018

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, Oven, Microwave, Gas Cooktop, Dishwasher

Exterior

Lot Size2,814 sqft

Building Information

Year Built2018
Garage Spaces1

Land Information

APN0300520080055
SubdivisionWoodcrest
Land UseResidential
Legal DescriptionTR 25 BLK 8 (PR YR IMPS 2020*0300520080058) WOODCREST
Census Tract510602
Assessed Land Value$225,888
Assessed Improvement Value$410,298
Assessment Year2025

About this property

This stunning home offers first-floor living, extensive upgrades, and a prime location. Enjoy an open, light-filled layout with hardwood floors, plush carpet upstairs, custom lighting, and plantation shutters. The chef’s kitchen features upgraded Bosch appliances, an expanded island with wine fridge and storage, plus abundant cabinetry. Spacious living and dining areas flow effortlessly for everyday living or entertaining. The spacious primary suite features dual walk-in closets and a spa-like bath with luxurious frameless shower including three showerheads. A versatile bonus space is perfect for an office, gym, or media room. Outside, the large backyard is perfect for relaxing or hosting friends. A private driveway offers additional parking in this highly sought after area. 1308 Malone is immaculately maintained, move-in ready, and walkable to Memorial Park and nearby restaurants at the same as having unparalleled easy access to multiple areas of Houston!

Investor Tools

Property Icon
$636,186
Estimated Property Value
$503,500Estimated Mortgage Balance
$188,861Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,050 /month
Positive
Cash Flow Estimate:
$1,350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,040/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,299
$636,186
2025
$225,888
$410,298
$636,186
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,299
$636,186

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Regions Bank
Conventional
$503,500
No
First
Aug 12, 2020
Nov 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$447,325
$196,675
30%
70%
$3,019/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,019/mo
$-439/mo
4.9%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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1308 Malone St | Property Details | No Agent List