1view

Owner Contacts

$360,923

NAL Estimated Property Value

1517 Colorado St, Houston, TX, 77007

Off Market

2 Beds

2 Bath

1,190 Sq Ft

Single Family Residence

$320.16 / sqft

Built in 1920

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher

FlooringLaminate, Tile

Exterior

Lot Size2,500 sqft

Building Information

Year Built1920

Stories1

Land Information

APN0051190000013

SubdivisionBaker Nsbb

Land UseResidential

Legal DescriptionTR 7A BLK 296 BAKER NSBB

Census Tract510100

Assessed Land Value$162,500

Assessed Improvement Value$198,423

Assessment Year2025

About this property

Charming 2 bed / 2 bath bungalow, extensively renovated in 2020 (per Seller) with NEW electrical, plumbing, sewer, HVAC, water heater, doors, windows (with blinds), fresh paint, granite kitchen counters, and stainless steel appliances — washer & dryer included! Enjoy a double-wide front porch, French doors, off-street parking, and a rare extra-wide dead-end street with minimal traffic. Located in a NO HONK / QUIET ZONE near the Arts District Houston — walk to hundreds of artist studios, galleries, and events! Just minutes to Downtown, Washington Ave, the Heights, Buffalo Bayou Park, Memorial Dr., and major freeways. Only 4 blocks to the Hike & Bike Trail!

Investor Tools

$360,923

Estimated Property Value

$0Estimated Mortgage Balance

$360,923Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,286 /month

Positive

Cash Flow Estimate:

$762 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$610/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,520

$360,923

2025

$162,500

$198,423

$360,923

Tax History

Year

Tax Paid

Assessed Value

2024

$5,520

$360,923

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$360,923

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

N/A

+$1,960/mo

6.5%

Learn About the Market: Opportunity in Houston

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