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$184,900

1512 Ammons St, South Houston, TX, 77587

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,020 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.27 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Gas Range, Dishwasher

Exterior

Lot Size3,751 sqft

Building Information

Year Built1981
Stories1

Land Information

APN0761910020039
Lot Number5
SubdivisionWofford Homesites
Land UseResidential
Legal DescriptionW 1/2 OF LT 5 BLK 2 WOFFORD HOMESITES
Census Tract321500
Assessed Land Value$33,750
Assessed Improvement Value$126,104
Assessment Year2025

About this property

Skip the traditional bank and discover a flexible path to homeownership with owner/seller options available for qualified buyers! Welcome home to this charming and move-in ready property featuring a bright, open layout and vaulted ceilings that make the living space feel spacious and inviting. The kitchen offers plenty of cabinet space and an open connection to the living area—perfect for everyday living and entertaining. Neutral finishes throughout provide a great canvas to make the home your own. Outside, enjoy a low-maintenance exterior, private courtyard-style entry, and convenient off-street parking. Conveniently located near shopping, dining, schools, and major roadways. Looking for an alternative to a traditional purchase? Ask your real estate professional about the unique purchase and lease-to-own options the seller may consider!

Investor Tools

$149,091Estimated Mortgage Balance
$26,909Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,109 /month
Positive
Cash Flow Estimate:
$370 /month

Interested in this property?

Veronica Gamez

Realty Of America, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$215/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,702
$159,854
2025
$33,750
$126,104
$159,854
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,702
$159,854

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$157,500
No
First
Sep 15, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,091
$26,909
15%
85%
$945/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$945/mo
+$362/mo
8.9%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: South Houston

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1512 Ammons St | Property Details | No Agent List