Last 24 Hours
$185,527
NAL Estimated Property Value1414 E 32nd 1/2 St, Houston, TX, 77022
Recently Sold
9/11/26
2 Beds
1 Bath
874 Sq Ft
$160.18 / sqft
Built in 1935Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
Bedrooms 2
Bathrooms Full 1
HeatingAppliancesElectric Oven, Electric Range
FlooringCarpet, Vinyl
Exterior
Exterior FeaturesSide Yard
Lot Size6,360 sqft
Building Information
Year Built1935
Stories1
Land Information
APN0130030060007
Lot Number7,8
SubdivisionEast Independence Heights
Land UseResidential
Legal DescriptionLTS 7 & 8 BLK 6 EAST INDEPENDENCE HEIGHTS
Census Tract530300
Assessed Land Value$155,400
Assessed Improvement Value$30,127
Assessment Year2025
About this property
Investors and Builders! Prime investment opportunity in East Independence Heights. This 2-bedroom, 1-bath home sits on a 6,360 SF lot surrounded by ongoing redevelopment and new construction. Multiple exit strategies make this property appealing for investors—renovate and hold, fix and flip, or tear down and build new. Conveniently located near major freeways, Downtown Houston, and the Heights area. Bring your vision and take advantage of this opportunity. Don't miss this chance to add this to your next project in your portfolio.
Investor Tools
$185,527
Estimated Property Value
$0Estimated Mortgage Balance
$185,527Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$156,819
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,113 /month
Positive
Cash Flow Estimate:
$371 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$303/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$185,527
2025
$155,400
$30,127
$185,527
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$185,527
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$185,527
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
8.5%
12.4%