Last 24 Hours
$662,644
NAL Estimated Property Value1518 Alamo St, Houston, TX, 77007
Off Market
3 Beds
1 Bath
1,188 Sq Ft
$235.61 / sqft
Built in 1920Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Garage Available
Heating Central
CoolingExterior
Lot Size5,950 sqft
Building Information
Year Built1920
Stories1
Garage Spaces1
Land Information
APN0082310000020
Lot Number20
SubdivisionBurns
Land UseResidential
Legal DescriptionLT 20 & TR 21A BURNS
Census Tract510100
Assessed Land Value$386,750
Assessed Improvement Value$275,894
Assessment Year2025
About this property
Adorable 1920's bungalow close to Downtown, University of Houston, and the Metro line. If you're looking for an investment opportunity, this would be a great property to consider either as a rental or AirBNB. This lovely home has new plumbing and electrical, recently shored up pier and beam foundation and roof replaced within past 3 years. NEVER FLOODED per seller.
Investor Tools
$662,644
Estimated Property Value
$680,797Estimated Mortgage Balance
$662,644Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,976 /month
Positive
Cash Flow Estimate:
$1,325 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,147/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,453
$662,644
2025
$386,750
$275,894
$662,644
No
Tax History
Year
Tax Paid
Assessed Value
2024
$10,453
$662,644
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Communitybank Of Texas Na
Unknown
$728,000
No
First
Nov 18, 2022
Nov 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$680,797
N/A
0%
103%
$4,365/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$4,365/mo
$-1,025/mo
6.0%
12.4%