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$399,000

NAL Estimated Property Value

1511 Cavalcade St, Houston, TX, 77009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,773 Sq Ft
price_per_sqft$214.27 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Lot Size5,001 sqft

Building Information

Year Built2020

Land Information

APN0311350000009
SubdivisionRyon
Land UseResidential
Legal DescriptionTRS 9A & 10A BLK 135 RYON
Census Tract210700
Assessed Land Value$150,000
Assessed Improvement Value$210,418
Assessment Year2025

About this property

Panda Construction has teamed up with Mad Haus Design to bring a gorgeous new home to Northside Village! This spectacular new build offers a modern farmhouse design mixed with open concept living, all on a 5,000 square foot corner lot! Featuring an abundance of natural light, designer finishes, quartz counters, stainless appliances, tray ceilings, and wood floors throughout, you will feel right at home! The spacious living area is open to the kitchen/dining combo which boasts island seating and a full pantry! The oversized master suite enjoys a walk-in closet, separate shower and soaking tub, as well as a double vanity! The secondary Jack-and-Jill bedrooms mirror each other and are generously sized at 15x12 each! With easy access to downtown, the Heights, EaDo, the planned Hardy Yard City Center, and some of Houston’s best bars and restaurants, you will not find a more convenient location!

Investor Tools

Property Icon
$399,000
Estimated Property Value
$324,519Estimated Mortgage Balance
$74,481Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$730/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,767
$360,418
2025
$150,000
$210,418
$360,418
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,767
$360,418

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New City Mortgage Llc
Conventional
$360,905
No
First
Feb 19, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$324,519
$87,481
21%
81%
$2,164/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,164/mo
$-442/mo
5.2%

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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1511 Cavalcade St | Property Details | No Agent List