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$388,000

NAL Estimated Property Value

1450 Lawson Street, Houston, TX, 77023

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,890 Sq Ft
price_per_sqft$182.54 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dishwasher

Exterior

Lot Size6,251 sqft

Building Information

Year Built1945
Garage Spaces2

Land Information

APN0542430000013
Lot Number13
SubdivisionBroadmoor
Land UseResidential
Legal DescriptionLT 13 BLK 7 BROADMOOR
Census Tract310600
Assessed Land Value$156,250
Assessed Improvement Value$203,750
Assessment Year2025

About this property

Adorable 1940s cottage located in Eastwood that offers ample space with modern conveniences. This cottage includes 3 bedrooms and 2 full baths. The primary bedroom has a sitting area attached; formal living and dining, plus a den off of the kitchen. Updated kitchen contains granite, convection oven, island cook top, and microwave. Flex spaces include a sun room as well as a large loft space that could be an additional bedroom or office space. The primary is separated from the secondary bedrooms and is well proportioned.Never Flooded!

Investor Tools

Property Icon
$388,000
Estimated Property Value
$263,898Estimated Mortgage Balance
$124,102Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,328 /month
Positive
Cash Flow Estimate:
$776 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$585/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,084
$360,000
2025
$156,250
$203,750
$360,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,084
$360,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rock Mortgage Services Lp
Conventional
$283,200
No
First
Sep 26, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$263,898
$124,102
31%
68%
$1,698/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,698/mo
+$24/mo
5.3%

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.

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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1450 Lawson Street | Property Details | No Agent List