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$312,000

1409 Morris Street, Houston, TX, 77009

SoldInfo
6/12/26
Beds2 Beds
Baths2 Bath
Baths1,148 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$274.39 / sqft
Year BuiltBuilt in 1926

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating

Exterior

Lot Size5,001 sqft

Building Information

Year Built1926
Stories1
Garage Spaces4

Land Information

APN0230380000011
SubdivisionLittle & Dickinson
Land UseResidential
Legal DescriptionTRS 11 & 12 BLK 59 LITTLE & DICKINSON
Census Tract210400
Assessed Land Value$195,000
Assessed Improvement Value$35,111
Assessment Year2025

About this property

Located just minutes from downtown Houston, this unique property at 1409 Morris St offers exceptional flexibility in one of the city’s rapidly growing Near Northside communities. The home features 2 bedrooms and 2 bathrooms complemented by a separate 1 bed, 1 bath mother-in-law suite. Situated on a spacious lot, there’s ample room to expand, entertain, or create your own outdoor retreat. Built with classic charm and positioned in an area experiencing continued revitalization with close proximity to The Heights, major freeways, dining, and entertainment. A rare opportunity to own a versatile property near Houston’s vibrant core—schedule your showing today!

Investor Tools

Property Icon
$312,000
Estimated Property Value
$0Estimated Mortgage Balance
$210,225Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$240/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,320
$230,111
2025
$195,000
$35,111
$230,111
No

Tax History

Year
Tax Paid
Assessed Value
2020
$1,320
$230,111

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citifinancial Mtg Company Inc
Credit Line (Revolving) / Heloc
$47,079
No
First
N/A
Oct 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$101,775
$210,225
67%
33%
$708/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$708/mo
+$599/mo
5.0%

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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1409 Morris Street | Property Details | No Agent List