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Owner Contacts

$769,000

NAL Estimated Property Value

1335 Lawrence St, Houston, TX, 77008

Off Market

3 Beds

2 Bath

1,450 Sq Ft

Single Family Residence

$458.62 / sqft

Built in 1920

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Convection Oven, Microwave, Gas Range, Dishwasher

FlooringTile, Wood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1920

Stories1

Garage Spaces2

Land Information

APN0391310000034

SubdivisionHouston Heights Annex

Land UseResidential

Legal DescriptionLTS 1261 & 1262 HOUSTON HEIGHTS ANNEX

Census Tract511301

Assessed Land Value$475,000

Assessed Improvement Value$292,000

Assessment Year2025

About this property

Charming bungalow beautifully renovated & 'taken to the studs' by Renovative Thinking in 2012.Located in desirable Houston Heights w/great curb appeal! New Low E Jeld-Wen windows, new HVAC (16 seer system), new plumbing, new water heater, new roof (all 2012). Fenced & landscaped front & back yard w/ large front porch w/ swing, backyard deck & grass space, 2 car carport, & automatic driveway gate. Kitchen w/ breakfast bar, granite counters, stainless appliances & butler's pantry/bar area. Living & dining room. Primary suite w/large walk-in closet, dual sinks .2 secondary beds. Office nook, mudroom (a rare find in Heights bungalows!) & utility inside Crown molding, reclaimed oak floors & tons of natural light. Floored attic space spans entire length of home. Walking/biking distance to numerous popular neighborhood restaurants, hike & bike trails, coffee shops,19th street shops & new MKT shopping center. Easy access to Downtown, Galleria area, & major freeways.This won’t last long!

Investor Tools

$769,000

Estimated Property Value

$477,602Estimated Mortgage Balance

$291,398Estimated Equity

37% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,614 /month

Positive

Cash Flow Estimate:

$1,538 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,214/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,721

$767,000

2025

$475,000

$292,000

$767,000

Tax History

Year

Tax Paid

Assessed Value

2024

$10,721

$767,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cornerstone Home Lending Inc

Conventional

$525,000

First

Aug 2, 2021

Sep 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$477,602

$292,398

37%

62%

$3,148/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,690/mo

$3,148/mo

$-1,458/mo

2.6%

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