B+

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Owner Contacts

$1,030,306

NAL Estimated Property Value

1518 Shearn St, Houston, TX, 77007

Off Market

4 Beds

3 Bath

2,538 Sq Ft

Single Family Residence

$1.42 / sqft

Built in 2004

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher

FlooringStone, Tile, Vinyl

Exterior

Lot Size8,999 sqft

Building Information

Year Built2004

Garage Spaces4

Land Information

APN0051080000001

Lot Number1

SubdivisionBaker Nsbb

Land UseResidential

Legal DescriptionLT 1 & TR 2A BLK 284 BAKER NSBB

Census Tract510100

Assessed Land Value$585,000

Assessed Improvement Value$445,306

Assessment Year2025

About this property

Welcome to 1518 Shearn Street - this! This rare gem in the heart of the First Ward or Arts District offers 4 bedrooms and 2.5 bathrooms across 2,538 square feet of living space, all on a generous 8,999 square foot lot. Inside, you'll find a bright and airy layout, perfect for both relaxing and entertaining. The island kitchen features all appliances, lots of countertop space to utilize and it opens to the family room. The spacious mudroom is conveniently located off the kitchen & half bathroom. The primary suite provides a private retreat with its own bathroom, walk-in closet & sitting area. The 3 additional bedrooms offer versatility for guests or office space. The expansive backyard is perfect for outdoor living, offering plenty of room for both gardening or barbecues with it's covered patio. Situated in a vibrant area with easy access to local amenities, this home is a must-see. Schedule your showing today and discover the unique charm of 1518 Shearn Street!

Investor Tools

$1,030,306

Estimated Property Value

$151,318Estimated Mortgage Balance

$878,988Estimated Equity

85% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$6,182 /month

Positive

Cash Flow Estimate:

$2,061 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$925/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,953

$1,030,306

2025

$585,000

$445,306

$1,030,306

Tax History

Year

Tax Paid

Assessed Value

2024

$5,953

$1,030,306

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Amcap Mortgage Ltd

Credit Line (Revolving) / Heloc

$252,350

First

Dec 14, 2009

Jan 2035

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$151,318

$878,988

85%

15%

$1,513/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$1,513/mo

+$1,067/mo

3.0%

Learn About the Market: Opportunity in Houston

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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.

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