Street View

1Days on Market

4view

$553,000

1510 Malone St, Houston, TX, 77007

On Market

3 Beds

3 Bath

2,619 Sq Ft

Single Family Residence

$211.15 / sqft

Built in 2016

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesMicrowave, Dishwasher

Exterior

Lot Size1,551 sqft

Building Information

Year Built2016

Garage Spaces2

Land Information

APN1348980010011

Lot Number11

Land UseResidential

Legal DescriptionLT 11 BLK 1 CARNEGIE VILLAS ON ALLEN STREET

Census Tract510602

Assessed Land Value$181,815

Assessed Improvement Value$392,544

Assessment Year2025

About this property

MOVE-IN READY! Beautiful spacious 4 level modern contemporary home with high ceilings, large windows bring natural light inside the home. The property is in the gated community with easy access to I10, close proximity to Buffalo Bayou Park, Memorial Park, Downtown, major freeways, Washington Ave restaurants. The first-floor bedroom has a full bath with glass door shower. The large Living Room is bright with sunlight and open for entertaining or just relaxing. It has a wine bar, linear fireplace, and a balcony. The island kitchen is equipped with Thermador appliances, wine chiller, custom cabinetry, quartz countertops & walk-in pantry. The luxurious primary bedroom offers a sitting area, walk-in glass shower, separate soaking air tub & custom closet. The 4th floor has a spacious Game Room with wet bar, 1/2 bath, and TWO rooftop terraces on both sides with amazing views.

Investor Tools

$574,359

Estimated Property Value

$415,200Estimated Mortgage Balance

$160,357Estimated Equity

28% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,446 /month

Positive

Cash Flow Estimate:

$1,149 /month

Interested in this property?

Bobi Edgeller

Texas Ally Real Estate Group, LLC

Contact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,035/month

$1,500/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,547

$574,359

2025

$181,815

$392,544

$574,359

Tax History

Year

Tax Paid

Assessed Value

2024

$9,547

$574,359

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Thomas John Edgeller

Seller Carryback / Seller Financing / Seller Take-Back

$415,200

First

Jun 4, 2026

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$414,002

$160,357

27%

72%

$2,490/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$3,990/mo

$-1,410/mo

5.4%

Learn About the Market: Opportunity in Houston

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 This Area