1view

Owner Contacts

$529,000

NAL Estimated Property Value

1506 Johnson St, Houston, TX, 77007

Off Market

3 Beds

4 Bath

2,160 Sq Ft

Single Family Residence

$1.55 / sqft

Built in 2014

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Lot Size1,551 sqft

Building Information

Year Built2014

Garage Spaces2

Land Information

APN1346000010005

Lot Number5

SubdivisionCayman Court

Land UseResidential

Legal DescriptionLT 5 BLK 1 CAYMAN COURT

Census Tract510100

Assessed Land Value$126,480

Assessed Improvement Value$368,815

Assessment Year2025

About this property

If you're looking to lease a pristine 3 BED / 3.5 BATH home in the heart of Sawyer Heights, your search ends here! This residence offers unbeatable PROXIMITY TO SHOPS, RESTAURANTS, AND EASY ACCESS TO MAJOR HIGHWAYS. The second floor features an expansive living area with hardwood floors and a private balcony, perfect for entertaining. The gourmet kitchen comes equipped with STAINLESS STEEL APPLIANCES and QUARTZ COUNTERTOPS. CARPET HAS BEEN RECENTLY REPLACED for a fresh and modern feel. EACH BEDROOM ENJOYS ITS OWN PRIVATE BATHROOM and a spacious walk-in closet. Relax and take in breathtaking views of downtown Houston from the rooftop terrace. WASHER, DRYER, AND REFRIGERATOR INCLUDED. This home is truly a MUST-SEE!

Investor Tools

$529,000

Estimated Property Value

$0Estimated Mortgage Balance

$529,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,174 /month

Positive

Cash Flow Estimate:

$1,058 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,084/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,363

$495,295

2025

$126,480

$368,815

$495,295

Tax History

Year

Tax Paid

Assessed Value

2024

$10,363

$495,295

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$524,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

N/A

+$2,580/mo

5.9%

Learn About the Market: Opportunity in Houston

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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.

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