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$374,000

1546 Scharpe St, Houston, TX, 77023

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,437 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$235.91 / sqft
Year BuiltBuilt in 1947

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher, Oven
FlooringCarpet, Tile

Exterior

Lot Size6,251 sqft

Building Information

Year Built1947

Land Information

APN0542510000012
Lot Number12
SubdivisionBroadmoor
Land UseResidential
Legal DescriptionLT 12 BLK 15 BROADMOOR
Census Tract310600
Assessed Land Value$156,250
Assessed Improvement Value$217,750
Assessment Year2025

About this property

Step inside this charming East End bungalow in Broadmoor, where classic appeal meets modern living. The inviting open layout features hardwood and tile flooring, a striking floor-to-ceiling stone fireplace, and a beautifully reimagined kitchen with custom cabinetry, a built-in wine rack, quartz countertops, and a subway tile backsplash. The spacious primary suite offers a private retreat with new carpet, while the middle bedroom also features fresh carpeting. The secondary bath showcases elegant marble tile. Enjoy outdoor living on the welcoming front porch or expansive back deck, enclosed by a privacy fence—perfect for entertaining. Conveniently located near UH, Downtown, Midtown, and major freeways. Major updates, including plumbing, HVAC, and electrical systems, were completed in 2018

Investor Tools

Property Icon
$374,000
Estimated Property Value
$289,800Estimated Mortgage Balance
$88,870Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,244 /month
Positive
Cash Flow Estimate:
$748 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$646/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,880
$374,000
2025
$156,250
$217,750
$374,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,880
$374,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Originpoint Llc
Conventional
$289,800
No
First
Jun 17, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$285,130
$88,870
23%
76%
$1,738/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,738/mo
$-16/mo
5.5%

Learn About the Market: Opportunity in Houston

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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1546 Scharpe St | Property Details | No Agent List