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$726,000

NAL Estimated Property Value

1445 Ashland St, Houston, TX, 77008

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,246 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$557.78 / sqft
Year BuiltBuilt in 1926

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Oven
FlooringTile, Wood

Exterior

Lot Size6,599 sqft

Building Information

Year Built1926
Stories1
Garage Spaces2

Land Information

APN0201470000001
Lot Number1
SubdivisionHouston Heights
Land UseResidential
Legal DescriptionLT 1 & TR 2A BLK 151 HOUSTON HEIGHTS
Census Tract511301
Assessed Land Value$594,000
Assessed Improvement Value$101,000
Assessment Year2025

About this property

Offered for sale is a classic 1920s Heights bungalow on a bright 6,600 square foot corner lot in the Houston Heights West Historic District. The layout flows nicely and has abundant natural light. An oversized primary bedroom, crown molding, and a perfect work-from-home space round out the interior. New 30yr roof with transferrable warranty 9/2024. Outside is a massive 750 square foot garage built with the possibility of a 500 square foot living space above in mind. You are within a short walk to the MKT hike and bike trail, 19th Street shops and dining, Heights Waterworks, and so much more.

Investor Tools

Property Icon
$726,000
Estimated Property Value
$540,314Estimated Mortgage Balance
$185,686Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,356 /month
Positive
Cash Flow Estimate:
$1,452 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,135/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,987
$695,000
2025
$594,000
$101,000
$695,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,987
$695,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$556,000
No
First
Oct 23, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$540,314
$168,686
23%
74%
$3,334/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$3,334/mo
$-1,644/mo
2.8%

City: Houston

1445 Ashland St | Property Details | No Agent List