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$489,300

NAL Estimated Property Value

1309 W 24th Street B, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,345 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200.38 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,699 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN1361130010009
Lot Number9
Land UseResidential
Legal DescriptionLT 9 BLK 1 WEST 24TH STREET GROVE
Census Tract511100
Assessed Land Value$102,000
Assessed Improvement Value$387,300
Assessment Year2025

About this property

Beautifully maintained Heights patio home with a good sized turfed backyard. The chefs dream kitchen offers stainless appliances, stylish cabinetry, gray omega stone counters, an oversized island, large walk-in pantry and an abundant amount of counter space. The open concept floorplan connects the kitchen to the dining area and huge living room, making the home perfect for entertaining. Numerous windows fill the home with so much natural light. Hardwood floors span the second-floor living area and also the third-floor bedrooms! Custom millwork accents the primary bedroom, powder bath and crown moldings are in all the bedrooms. High ceilings, balcony and 8' doors add to the spacious feel. Luxurious primary and secondary baths feature premium fixtures, mirrors and designer lighting. The current owners added custom shelving for storage in the garage, laundry, pantry and the huge primary bedroom closet. Shows like a model. Fantastic Heights location—see photos for more details.

Investor Tools

Property Icon
$489,300
Estimated Property Value
$278,216Estimated Mortgage Balance
$211,084Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,936 /month
Positive
Cash Flow Estimate:
$979 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$801/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,167
$489,300
2025
$102,000
$387,300
$489,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,167
$489,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$324,000
No
First
May 30, 2019
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$278,216
$211,084
43%
57%
$1,943/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$2,693/mo
$-463/mo
5.5%

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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1309 W 24th Street B | Property Details | No Agent List