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$609,000

NAL Estimated Property Value

1507 Sue Barnett Dr, Houston, TX, 77018

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,376 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$446.95 / sqft
Year BuiltBuilt in 1946

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size7,802 sqft

Building Information

Year Built1946
Stories1
Garage Spaces4

Land Information

APN0660460550048
Lot Number48
SubdivisionGarden Oaks
Land UseResidential
Legal DescriptionLT 48 BLK 55 GARDEN OAKS SEC 5
Census Tract531000
Assessed Land Value$459,000
Assessed Improvement Value$50,087
Assessment Year2025

About this property

Located on desirable Sue Barnett in Garden Oaks. This charming 2-bedroom plus study, 1-bath bungalow-style home offers flexibility to enjoy the Garden Oaks lifestyle while considering future updates, expansion, or new construction. Light-filled living areas, original hardwoods, and a spacious kitchen create an inviting feel, while three living spaces offer flexibility rarely found in an original Garden Oaks bungalow. Notable updates from 2009–2023 include roof and gutters, double-hung windows, electrical rewiring, blown-in insulation in attic and exterior walls, and water heater. The enclosed sunroom adds valuable living space with a raised wood ceiling, French doors, and a bay of windows overlooking the scenic backyard. Landscaping, paver patio, mature trees, privacy fence and lush beds add to the yard appeal. Located near parks, neighborhood gathering spots, and local dining, this Sue Barnett property sets the tone to enjoy an urban lifestyle and start your new chapter.

Investor Tools

Property Icon
$609,000
Estimated Property Value
$167,276Estimated Mortgage Balance
$441,724Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,690 /month
Positive
Cash Flow Estimate:
$1,230 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$841/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,048
$509,087
2025
$459,000
$50,087
$509,087
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,048
$509,087

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Republic State Mortgage Co
Stand Alone First / Home Equity First Lien
$219,000
No
First
Jul 13, 2015
Aug 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$167,276
$441,724
72%
27%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
2.6%

City: Houston

1507 Sue Barnett Dr | Property Details | No Agent List