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$1,157,460

NAL Estimated Property Value

1507 Ashland St, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,960 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$456.63 / sqft
Year BuiltBuilt in 1915

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringTile, Wood

Exterior

Lot Size8,799 sqft

Building Information

Year Built1915
Stories1

Land Information

APN0201420000015
Lot Number15,16
SubdivisionHouston Heights
Land UseResidential
Legal DescriptionLTS 15 & 16 BLK 146 HOUSTON HEIGHTS
Census Tract511301
Assessed Land Value$792,000
Assessed Improvement Value$365,460
Assessment Year2025

About this property

This 1915 Heights bungalow has been thoughtfully expanded to feature a stunning light-filled addition that lends contemporary design elements to this historic home with floor to ceiling metal windows and panoramic double sliding door that overlooks the lush 8,800 sf double lot. The renovation added an additional living area, a primary suite featuring a luxurious bath, re-imagined closet & laundry room to maximize storage and also preserved the original artwork of renowned artist Daniel Anguilu. The floor plan also includes 2 secondary bedrooms, study/formal living & formal dining. Some of the original details include: hardwood floors (refinished in 2022), transom windows, wall paneling, moldings and glass door hardware. The fully fenced outdoor space is exceptional with a front porch overlooking the yard, spacious backyard with seating areas and firepit, mosquito system, storage shed & long driveway. Located just 2 blocks from the hike/bike trail provides great walkability too!

Investor Tools

Property Icon
$1,157,460
Estimated Property Value
$1,296,548Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,945 /month
Positive
Cash Flow Estimate:
$2,315 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,038/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,674
$1,157,460
2025
$792,000
$365,460
$1,157,460
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,674
$1,157,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$692,000
No
First
Dec 20, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,296,548
N/A
0%
112%
$8,298/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$8,298/mo
$-6,068/mo
2.3%

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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1507 Ashland St | Property Details | No Agent List