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$417,685

NAL Estimated Property Value

1503 E 31st St, Houston, TX, 77022

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths4 Bath
Baths1,893 Sq Ft
price_per_sqft$1.48 / sqft
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Microwave, Gas Cooktop, Dishwasher
FlooringEngineered Wood, Tile

Exterior

Exterior FeaturesBalcony
Lot Size3,193 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN0130060110031
Lot Number30
SubdivisionEast Independence Heights
Land UseResidential Single Family
Legal DescriptionLT 30 BLK 11 EAST INDEPENDENCE HEIGHTS
Census Tract530300
Assessed Land Value$115,020
Assessed Improvement Value$302,665
Assessment Year2025

About this property

This two-story home offers easy access to I45 and the 610, with spaciousness and plenty of natural light. Three bedrooms and three and a half bathrooms. The family room is great for gatherings, and the kitchen boasts modern appliances, a generous island, and quartz countertops. Upstairs, find a versatile open space and a primary suite with a modern bathroom, oversized closet, and private balcony. Two additional bedrooms, each with a private ensuite, offer comfort and privacy for guests. A rare backyard makes it ideal for pets. With its location, stainless steel kitchen accents, and thoughtful design, this home is perfect for families

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$940/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,196
$417,685
2025
$115,020
$302,665
$417,685
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,196
$417,685

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Champions Funding Llc
Commercial
$280,000
No
First
Jul 2, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$270,807
$146,878
35%
65%
$1,679/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,679/mo
+$43/mo
4.9%

Learn About the Market: Opportunity in Houston

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Explore

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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1503 E 31st St | Property Details | No Agent List