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Owner Contacts

$213,000

NAL Estimated Property Value

1526 Diplomat Way, Houston, TX, 77088

Sold

8/01/26

3 Beds

2 Bath

1,426 Sq Ft

Single Family Residence

$1.16 / sqft

Built in 1970

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Heating Central

Cooling

AppliancesDisposal, Dishwasher

Exterior

Lot Size5,719 sqft

Building Information

Year Built1970

Stories1

Land Information

APN1020550000236

Lot Number236

SubdivisionWillow Run

Land UseResidential

Legal DescriptionLT 236 BLK 24 WILLOW RUN SEC 6

Census Tract533302

Assessed Land Value$76,190

Assessed Improvement Value$124,578

Assessment Year2025

About this property

Beautiful home remodeled in 2020, offers thoughtfully updated living space in a well-established North Houston community. The renovation brought fresh life to the home with modern finishes, updated fixtures, and a layout designed for comfortable everyday living. Located in the desirable 77088 area, this home offers convenient access to major highways making commuting throughout Houston simple and efficient. Enjoy proximity to shopping, dining, parks, and everyday essentials, all just minutes away. The neighborhood’s established charm combined with ongoing area growth makes this a smart opportunity for homeowners and investors alike. If you’re looking for a well-updated home in a convenient North Houston location, 1526 Diplomat delivers comfort, accessibility, and value. Refrigerator, dishwasher, washer and dryer Included.

Investor Tools

$213,000

Estimated Property Value

$155,390Estimated Mortgage Balance

$57,918Estimated Equity

27% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,278 /month

Positive

Cash Flow Estimate:

$426 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$268/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,156

$200,768

2025

$76,190

$124,578

$200,768

Tax History

Year

Tax Paid

Assessed Value

2024

$2,156

$200,768

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First Horizon Bank

Fha

$172,812

Yes

First

Apr 9, 2021

May 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$155,390

$57,610

27%

73%

$1,037/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,037/mo

+$685/mo

9.7%

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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