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Owner Contacts

$290,000

NAL Estimated Property Value

1335 Scharpe St, Houston, TX, 77023

Off Market

2 Beds

1 Bath

784 Sq Ft

Duplex

$1.63 / sqft

Built in 1950

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesMicrowave

FlooringWood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1950

Stories2

Garage Spaces2

Land Information

APN0350350000017

Lot Number17

SubdivisionSuburban

Land UseResidential

Legal DescriptionLT 17 BLK 3 SUBURBAN

Census Tract310300

Assessed Land Value$150,000

Assessed Improvement Value$46,649

Assessment Year2025

About this property

Welcome to your new home! This beautifully maintained duplex offers the perfect blend of comfort and convenience, ideally situated just minutes from the University of Houston, downtown Houston, and the Metro Transit Center. Step inside to discover elegant hardwood floors that extend throughout the living spaces, providing a warm and inviting atmosphere. The open layout maximizes space and light, making it ideal for both relaxing and entertaining. Enjoy the unbeatable location that combines urban convenience with residential tranquility. Whether you're commuting to work, attending university, or exploring downtown, this duplex puts you in the heart of it all. Don't miss this opportunity to live in one of Houston's most sought-after neighborhoods. Schedule a tour today and experience all that this fantastic duplex has to offer!

Investor Tools

$290,000

Estimated Property Value

$0Estimated Mortgage Balance

$290,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,740 /month

Positive

Cash Flow Estimate:

$580 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$461/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,079

$196,649

2025

$150,000

$46,649

$196,649

Tax History

Year

Tax Paid

Assessed Value

2024

$4,079

$196,649

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$350,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

N/A

+$2,226/mo

9.2%

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.

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