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Owner Contacts

$353,000

1415 Milby Street, Houston, TX, 77003

Off Market

3 Beds

2 Bath

1,234 Sq Ft

Single Family Residence

$222.85 / sqft

Built in 1929

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Dryer, Refrigerator, Washer

FlooringLaminate, Tile, Wood

Exterior

Lot Size4,500 sqft

Building Information

Year Built1929

Land Information

APN0352190000030

SubdivisionTaylor W J

Land UseResidential

Legal DescriptionTRS 30 & 31A TAYLOR W J

Census Tract310300

Assessed Land Value$198,000

Assessed Improvement Value$155,000

Assessment Year2025

About this property

Located in Houston’s vibrant East End, this charming home blends classic Craftsman character with modern updates. Features include crown molding, wood-encased windows, and original hardwood floors. Both the primary and guest bathrooms offer calming, spa-like finishes. Kitchen equipped with a gas range and stainless steel appliances, ideal for entertaining. Recent upgrades include stylish hardware, fixtures, doors, flooring, and fresh interior and exterior paint. Enjoy year-round comfort with central HVAC, plus peace of mind with copper electrical wiring and freeze-resistant PEX plumbing. The fully fenced backyard features a welcoming deck, perfect for relaxing evenings. Conveniently located minutes from the University of Houston, Texas Southern, East River, downtown, Discovery Green, Minute Maid Park, Toyota Center, top dining, shopping, bike trails, and major freeways.

Investor Tools

$353,000

Estimated Property Value

$0Estimated Mortgage Balance

$353,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,118 /month

Positive

Cash Flow Estimate:

$706 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$609/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,540

$353,000

2025

$198,000

$155,000

$353,000

Tax History

Year

Tax Paid

Assessed Value

2024

$5,540

$353,000

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$353,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,090/mo

N/A

+$2,090/mo

7.1%

Learn About the Market: Opportunity in Houston

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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.

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