1589Days on Market

1view

$3,190

1518 Sabine St, Houston, TX, 77007

On Market

3 Beds

2 Bath

1,450 Sq Ft

Single Family Residence

$2.2 / sqft

Built in 1930

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher

FlooringLaminate, Tile, Wood

Exterior

Lot Size3,620 sqft

Building Information

Year Built1930

Stories1

Garage Spaces1

Land Information

APN0051190000012

SubdivisionBaker Nsbb

Land UseResidential

Legal DescriptionTR 12 BLK 296 BAKER NSBB

Census Tract510100

Assessed Land Value$235,300

Assessed Improvement Value$173,008

Assessment Year2025

About this property

Welcome to this beautifully renovated Art District, one-story, 3-bedroom, 2-bath home at 1518 Sabine Street, offering modern style and an unbeatable central Houston location. The updated kitchen features quartz countertops, and the home includes a washer and dryer for your convenience. Available furnished or unfurnished to fit your lifestyle, this move-in-ready home offers comfortable living spaces and a spacious backyard with a patio and plenty of room to relax, entertain, or enjoy outdoor activities. Conveniently located with easy access to I-10, I-45, and US-59, you're just minutes from Downtown Houston, Buffalo Bayou Park, The Heights, Memorial Park, premier shopping, restaurants, grocery stores, fitness centers, sports stadiums, concert venues, and popular wedding venues. Enjoy the perfect blend of modern updates, outdoor living, and exceptional convenience in one of Houston's most desirable locations. Ready for immediate occupancy.

Investor Tools

$609,000

Estimated Property Value

$268,000Estimated Mortgage Balance

$362,884Estimated Equity

56% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,654 /month

Positive

Cash Flow Estimate:

$1,218 /month

Interested in this property?

Thomas Holland

Holland & Holland Realty LLC

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$981/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,725

$408,308

2025

$235,300

$173,008

$408,308

Tax History

Year

Tax Paid

Assessed Value

2024

$8,725

$408,308

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Homexpress Mortgage Corp

Conventional

$268,000

First

Apr 13, 2022

May 2062

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$247,484

$165,516

40%

41%

$1,607/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

$1,607/mo

+$353/mo

3.9%

Learn About the Market: Opportunity in Houston

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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.

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