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$509,500

1505 Roy Street, Houston, TX, 77007

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths4 Bath
Baths2,580 Sq Ft
price_per_sqft$197.48 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,799 sqft

Building Information

Year Built2001
Stories3
Garage Spaces2

Land Information

APN0072750000023
SubdivisionBrunner
Land UseResidential
Legal DescriptionTR 1C BLK 91 BRUNNER
Census Tract510602
Assessed Land Value$153,000
Assessed Improvement Value$277,000
Assessment Year2025

About this property

Live in the heart of Rice Military/Washington Corridor in this beautifully maintained 3-story home featuring two oversized outdoor decks, including a rare second-floor deck directly off the kitchen—perfect for indoor/outdoor entertaining. The open-concept second-floor living area is filled with natural light and showcases hardwood floors, updated lighting, and a spacious flow ideal for hosting. A large first-floor suite with a full bath offers excellent flexibility for guests, home office, or gym with direct access to a private deck. Retreat to the stunning primary suite with vaulted ceilings, Juliet balcony, dual closets, whirlpool tub, and an oversized glass-block shower. Enjoy an island kitchen with granite counters, breakfast bar, stainless appliances, and plenty of storage. No HOA, private driveway, and an unbeatable location just steps from Washington Ave, minutes to Memorial Park, golf, trails, and top dining. Recent - Hot Water Heater 2026, Frig/Freezer 2024, Roof 2024

Investor Tools

$0Estimated Mortgage Balance
$519,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,114 /month
Positive
Cash Flow Estimate:
$1,038 /month

Interested in this property?

Corby Callaway

eXp Realty LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$744/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,334
$430,000
2025
$153,000
$277,000
$430,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,334
$430,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$519,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
N/A
+$2,580/mo
6.0%

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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1505 Roy Street | Property Details | No Agent List