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$927,000

NAL Estimated Property Value

1402 Vassar St, Houston, TX, 77006

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,718 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$534.92 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dishwasher

Exterior

Lot Size7,331 sqft

Building Information

Year Built1940
Stories1
Garage Spaces2

Land Information

APN0651080010015
Lot Number15
SubdivisionVassar Place R/P
Land UseResidential
Legal DescriptionLT 15 BLK 1 VASSAR PLACE R/P
Census Tract411901
Assessed Land Value$721,438
Assessed Improvement Value$49,587
Assessment Year2025

About this property

Beautiful Boulevard Oaks bungalow with three bedrooms, two bath plus sunroom/office on the coveted block of Vassar with the large esplanade and canopied oaks. This home has been beautifully cared for and updated with a modern open floor plan. The hall bath has been renovated with marble tile, updated fixtures and vanity. The kitchen is open to the breakfast/family room, beautiful hardwood floors and vintage architectural details. Fantastic back yard with high fences, lots of grass and patio space secured by a metal driveway gate. Other upgrades include: rewire of electrical system, 2021 New furnace & AC condenser/compressor, Exterior doors, windows replaced in sunroom/office were replaced, Roof replaced 2017. Additionally, the beautifully landscaped front yard offers views of the esplanade and a gorgeous mature oak. Fabulous centralized location!

Investor Tools

Property Icon
$927,000
Estimated Property Value
$829,139Estimated Mortgage Balance
$97,861Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,562 /month
Positive
Cash Flow Estimate:
$1,854 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,261/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,496
$771,025
2025
$721,438
$49,587
$771,025
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,496
$771,025

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Federal Bank
Conventional
$832,750
No
First
Feb 19, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$829,139
$85,861
9%
89%
$4,993/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$4,993/mo
$-2,413/mo
3.3%

City: Houston

1402 Vassar St | Property Details | No Agent List