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$863,000

NAL Estimated Property Value

1331 Omar St, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,102 Sq Ft
price_per_sqft$397.24 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Range, Dishwasher

Exterior

Lot Size3,123 sqft

Building Information

Year Built1995
Stories2
Garage Spaces2

Land Information

APN0202200000022
Lot Number15
SubdivisionHouston Heights
Land UseResidential
Legal DescriptionLT 15 BLK 224 HOUSTON HEIGHTS
Census Tract510400
Assessed Land Value$312,500
Assessed Improvement Value$351,504
Assessment Year2025

About this property

Charming Heights home nestled on a quaint street in the heart of the Heights. Located on a picturesque block zoned to Harvard Elementary, this 3-bed, 2½-bath New Orleans style home offers a high level of detail—high ceilings, double crown moldings, antique doors & stained-glass windows—with many contemporary upgrades. Updated wood floors flow throughout, and a renovated kitchen offers quartz countertops, bar seating, a pantry and stainless appliances. Double-paned sliding windows throughout the home bring in natural light. All bedrooms are upstairs; the spacious primary suite boasts an ensuite bathroom with a soaking tub, double sinks, a glass-enclosed shower & a walk-in closet. The front yard is landscaped with turf for easy upkeep, plus a private back patio & 2-car garage, provide plenty of outdoor living. Just blocks from the Hike & Bike Trail and an easy walk to restaurants, cafés & shops this home offers both character and convenience. Don’t miss your opportunity to call it home!

Investor Tools

Property Icon
$863,000
Estimated Property Value
$0Estimated Mortgage Balance
$863,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,178 /month
Positive
Cash Flow Estimate:
$1,726 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,105/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,941
$664,004
2025
$312,500
$351,504
$664,004
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,941
$664,004

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$862,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
N/A
+$2,230/mo
3.1%

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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1331 Omar St | Property Details | No Agent List