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$620,000

NAL Estimated Property Value

1437 Ashland St, Houston, TX, 77008

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,350 Sq Ft
price_per_sqft$444.44 / sqft
Year BuiltBuilt in 1921

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
HeatingHeating

Exterior

Lot Size6,599 sqft

Building Information

Year Built1921
Stories1

Land Information

APN0201470000005
Lot Number6
SubdivisionHouston Heights
Land UseResidential
Legal DescriptionLT 6 & TR 5 BLK 151 HOUSTON HEIGHTS
Census Tract511301
Assessed Land Value$594,000
Assessed Improvement Value$26,000
Assessment Year2025

About this property

Property listed for lot value only! Situated in the sought-after Historic Heights District, this property presents a fantastic opportunity for investors in a prime location. Don’t miss out on the potential to create something special in this vibrant and desirable area.

Investor Tools

Property Icon
$620,000
Estimated Property Value
$220,362Estimated Mortgage Balance
$399,638Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,720 /month
Positive
Cash Flow Estimate:
$1,240 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,031/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,276
$620,000
2025
$594,000
$26,000
$620,000
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2024
$9,276
$620,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Larry The Lender Llc
Commercial
$225,000
No
First
Mar 11, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$220,362
$399,638
64%
36%
$1,349/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$1,349/mo
+$341/mo
3.3%

City: Houston

1437 Ashland St | Property Details | No Agent List