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$1,615,000

1401 Waverly St, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,203 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$560.41 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Gas Oven, Microwave, Free-Standing Range, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size7,126 sqft

Building Information

Year Built2013
Garage Spaces3

Land Information

APN0201460000017
Lot Number18
SubdivisionHouston Heights
Land UseResidential
Legal DescriptionLT 18 & TR 17 BLK 150 (OO1*TR 44) HOUSTON HEIGHTS
Census Tract511301
Assessed Land Value$641,520
Assessed Improvement Value$806,241
Assessment Year2025

About this property

Discover this exquisite residence crafted by a talented Designer/Builder couple for their own home. Every corner of this property exudes warmth and style. Fine finishes include walnut and oak flooring, limestone countertops, upgraded appliances, smart features, additional storage areas, a workshop, a storage shed, two car garage with additional parking area, and much more. The main house features 3203 square feet of living space and the garage apartment features 780 square feet of living space. The apartment is complete with a bedroom, full bath, living area, kitchen and utility. The grounds are surrounded with a privacy fence which makes for back yard enjoyment of the patio areas, balcony, and grassy space. This home is a true gem, combining thoughtful design with high-quality materials. Don't miss the opportunity to own a residence that reflects the passion and craftmanship of its creators.

Investor Tools

Property Icon
$1,615,000
Estimated Property Value
$1,120,000Estimated Mortgage Balance
$509,718Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,770 /month
Positive
Cash Flow Estimate:
$3,590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,969/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,552
$1,447,761
2025
$641,520
$806,241
$1,447,761
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,552
$1,447,761

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Synergy One Lending
Conventional
$1,120,000
No
First
Aug 4, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,105,282
$507,718
31%
68%
$6,715/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$6,715/mo
$-4,485/mo
1.7%

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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1401 Waverly St | Property Details | No Agent List