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$610,209

NAL Estimated Property Value

1601 Bingham St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths1,910 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$261.26 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringWood

Exterior

Exterior FeaturesBalcony
Lot Size2,500 sqft

Building Information

Year Built2011
Stories1
Garage Spaces1

Land Information

APN0051150000014
SubdivisionBaker Nsbb
Land UseResidential
Legal DescriptionTR 7A BLK 292 BAKER NSBB
Census Tract510100
Assessed Land Value$162,500
Assessed Improvement Value$447,709
Assessment Year2025

About this property

Location, location, location! A rare opportunity to own a beautiful 3/3.5 single-family home with a large astroturfed yard on a corner lot. The private driveway is not shared and is fully gated. One bedroom and full bath are on the first floor. Hardwood throughout (no carpet), stainless steel appliances, surveillance cameras and wired for a security system. 2nd floor living space includes an open-concept large living area and dining room. Primary bedroom and bath has a separate shower and soaking tub and dual vanities. NO HOA OR FEES!! New HVAC. Never flooded. The oversized second floor patio has a great view of downtown in the heart of Sawyer Heights. Walking distance to numerous restaurants, bars, breweries, hiking/biking trails, and Sawyer Yards art studios. This home is only 3 floors so all of the square footage is livable space. It's on a wide street so there is plenty of parking without ditches. Did I mention no HOA or flooding??

Investor Tools

Property Icon
$610,209
Estimated Property Value
$415,670Estimated Mortgage Balance
$194,539Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,661 /month
Positive
Cash Flow Estimate:
$1,220 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$939/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,216
$610,209
2025
$162,500
$447,709
$610,209
No

Tax History

Year
Tax Paid
Assessed Value
2020
$8,216
$610,209

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lakeview Community Capital Llc
Va
$423,768
Yes
First
Apr 16, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$415,670
$194,539
31%
68%
$2,541/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,541/mo
+$39/mo
5.1%

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.

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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1601 Bingham St | Property Details | No Agent List