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$445,400

NAL Estimated Property Value

1397 Arlington St, Houston, TX, 77008

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,442 Sq Ft
price_per_sqft$274.62 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony

Building Information

Year Built1984
Garage Spaces2

Land Information

APN1156670040010
SubdivisionArlington Court T/H
Land UseResidential
Legal DescriptionUNIT 1397 BLDG D ARLINGTON COURT T/H
Census Tract511302
Assessed Land Value$84,626
Assessed Improvement Value$360,774
Assessment Year2025

About this property

A hidden gem in the heart of the Heights! 1397 Arlington is the best value and location in one of Houston's most sought after neighborhoods. This property features a sparkling pool, gorgeous grounds, and exterior privacy walls all meticulously maintained by the HOA on a weekly basis. Upon entry the home has impressive vaulted ceilings, loft space, and dining open to the kitchen. Secondary bedroom is located on the first floor with ample storage and private bath. Primary bedroom located on the second floor with en suite bath. This is a front corner unit featuring a massive second floor patio overlooking the tree lined block of 14th. This is a rare development offering tranquil and secure living centrally located in the Heights.

Investor Tools

Property Icon
$445,400
Estimated Property Value
$259,952Estimated Mortgage Balance
$185,448Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,672 /month
Positive
Cash Flow Estimate:
$891 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$621/month
$460/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,231
$445,400
2025
$84,626
$360,774
$445,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,231
$445,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Space City Cu
Purchase Money Mortgage
$291,000
No
First
Oct 29, 2021
Nov 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$259,952
$191,048
42%
58%
$1,170/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$1,630/mo
+$60/mo
4.6%

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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1397 Arlington St | Property Details | No Agent List