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$489,000

NAL Estimated Property Value

1315 Shearn St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,244 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$305.47 / sqft
Year BuiltBuilt in 1916

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
AppliancesGas Oven, Free-Standing Range, Refrigerator
FlooringCarpet, Wood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1916
Stories1
Garage Spaces2

Land Information

APN0050920000009
Lot Number9
SubdivisionBaker Nsbb
Land UseResidential
Legal DescriptionLT 9 BLK 267 BAKER NSBB
Census Tract510100
Assessed Land Value$325,000
Assessed Improvement Value$164,000
Assessment Year2025

About this property

LOCATION LOCATION LOCATION!!! ORIGINAL HOME NEAR SAWYER HEIGHTS. THE HOME FEATURES 2 PRIMARY BED ROOMS! MAIN HOUSE HAS ENCLOSED FRONT PORCH, FORMAL LIVING ROOM,PRIMARY, SECOND BEDROOM KITCHEN BREAKFAST ROOM COMBO. THE ATTACHED GUEST HOUSE HAS A SEPERATE ENTRY,PRIMARY AND BATH. THREE CAR CARPORT AND STORAGE SHED BEHIND HOME. ORIGINAL WOOD FLOORS. THE ORIGINAL ROOF WAS FLAT, SELLER ADDED A SLANTED ROOF WITH AN DECORATIVE WINDOW TO IMPROVE DRAINAGE. THERE IS NOT STORAGE SPACE BETWEEN THE FLAT ROOF AND THE SLANTED ROOF, NOR IS THERE ACCESS BETWEEN THE TWO ROOFS.

Investor Tools

Property Icon
$489,000
Estimated Property Value
$456,544Estimated Mortgage Balance
$32,456Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,934 /month
Positive
Cash Flow Estimate:
$978 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$889/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,221
$489,000
2025
$325,000
$164,000
$489,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,221
$489,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$474,330
No
First
Apr 22, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$456,544
$32,456
6%
93%
$2,844/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,844/mo
$-264/mo
6.3%

Learn About the Market: Opportunity in Houston

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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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1315 Shearn St | Property Details | No Agent List