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$396,344

NAL Estimated Property Value

1501 Lee St, Houston, TX, 77009

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,260 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.51 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dryer, Refrigerator, Washer, Dishwasher
FlooringWood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1935
Garage Spaces2

Land Information

APN0230180000013
SubdivisionLittle & Dickinson
Land UseResidential
Legal DescriptionTRS 1A & 2A BLK 39 LITTLE & DICKINSON
Census Tract212300
Assessed Land Value$195,000
Assessed Improvement Value$201,344
Assessment Year2025

About this property

Welcome to this charming 2-bedroom, 2-bathroom home, ideally located just 5 minutes from downtown. Featuring a modern electric gate for added security and privacy. Inside, you'll find a spacious, light-filled layout with a large kitchen island that's perfect for any chef and entertaining. Enjoy the added convenience of easy access to the driveway and an in-unit washer and dryer. As a bonus, the home also includes access to a shared community backyard, providing a wonderful space for relaxation and socializing. This property seamlessly combines comfort, functionality, and a prime central location.

Investor Tools

Property Icon
$396,344
Estimated Property Value
$322,143Estimated Mortgage Balance
$74,201Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,378 /month
Positive
Cash Flow Estimate:
$793 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$674/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,105
$396,344
2025
$195,000
$201,344
$396,344
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,105
$396,344

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$295,850
No
First
Feb 6, 2020
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$322,143
$74,201
18%
81%
$2,172/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,172/mo
$-450/mo
5.2%

City: Houston

1501 Lee St | Property Details | No Agent List