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$609,000

1311 Sabine St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,190 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$296.8 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1,607 sqft

Building Information

Year Built2024
Garage Spaces1

Land Information

APN1425730010002
Lot Number2
Land UseResidential Single Family
Legal DescriptionLT 2 BLK 1 EDWARDS POINT
Census Tract510202
Assessed Land Value$128,280
Assessed Improvement Value$409,702
Assessment Year2025

About this property

Welcome to Edwards Estates by TOMO Homes. Located in the Arts District on the edge of downtown, these 3 story homes boast just under 2,200 square feet with a unique, open floor plan that features 3 bed, 3.5 baths, second floor living, large bedrooms, and a covered balcony off of the living area. Contemporary interior design includes an open kitchen with quartz waterfall island, stainless steel Bosch appliances, and engineered hardwood floors. Primary bedroom features an oversized walk-in closet, frameless glass shower and an elegant soaking tub. Additional features include a a spacious study off of the second floor living area, walk-in utility room, pre-wired for security cameras, and private driveways. Enjoy convenient freeway access, walking distance from many bars and restaurants and just minutes away from Downtown, The Heights, Hardy Yards, and the Buffalo Bayou walking trails. No HOA!

Investor Tools

Property Icon
$609,000
Estimated Property Value
$608,000Estimated Mortgage Balance
$16,296Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$435/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,180
$537,982
2025
$128,280
$409,702
$537,982
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,180
$537,982

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nbkc Bank
Conventional
$608,000
No
First
Dec 12, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$592,704
$28,296
4%
97%
$3,646/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,646/mo
$-1,066/mo
5.1%

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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1311 Sabine St | Property Details | No Agent List