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$603,000

NAL Estimated Property Value

1315 Valleta Dr, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,896 Sq Ft
price_per_sqft$255.8 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringTile, Wood

Exterior

Lot Size8,507 sqft

Building Information

Year Built1957
Stories1
Garage Spaces2

Land Information

APN0891380000005
Lot Number5
SubdivisionTimbergrove Manor
Land UseResidential
Legal DescriptionLT 5 BLK 49 TIMBERGROVE MANOR SEC 8
Census Tract511003
Assessed Land Value$431,888
Assessed Improvement Value$136,205
Assessment Year2025

About this property

Ideal Location Meets Possibilities. Sprawled across an 8,505 SF lot is this 1957 property, poised and awaiting your personal touch. The generous 1,896 SF of living space carries a sense of potential, and its spacious rooms and primary suite equipped with an en-suite bathroom and walk-in closet invite comfort. A 2022 water heater ensures modern convenience as you contemplate potential transformation. Outside, enhance the charming curb appeal, utilize the two-car garage, and enjoy the home's scenic placement among mature trees. Primely located a short walk from Jaycee Park and Sinclair Elementary, your proximity to the verdant Lorraine Cherry Nature Preserve and a variety of dining and shopping spots reaffirms its prime position. Rest easy knowing the home has never flooded and resides outside higher-risk zones. This is your chance to create a dream home within the vibrant community of Timbergrove Manor. Discover the enticing blend of prospect and community at 1315 Valletta.

Investor Tools

Property Icon
$603,000
Estimated Property Value
$416,475Estimated Mortgage Balance
$186,525Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,618 /month
Positive
Cash Flow Estimate:
$1,206 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,023/month
$30/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,262
$568,093
2025
$431,888
$136,205
$568,093
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,262
$568,093

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending
Conventional
$432,000
No
First
May 3, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$416,475
$169,525
28%
69%
$2,591/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$2,621/mo
$-391/mo
4.4%

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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