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$268,000

NAL Estimated Property Value

1601 Sabine St, Houston, TX, 77007

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths720 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$395.83 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave, Gas Range, Dishwasher, Oven

Exterior

Lot Size1,250 sqft

Building Information

Year Built1930

Land Information

APN0051300000018
SubdivisionShearn
Land UseResidential
Legal DescriptionTR 6A-2 BLK 306 SHEARN
Census Tract510202
Assessed Land Value$91,500
Assessed Improvement Value$168,440
Assessment Year2025

About this property

Prime Investment Opportunity: Profitable Airbnb - This fully renovated corner lot home in Houston's vibrant Shearn neighborhood offers an exceptional blend of modern comfort and lucrative rental potential. Currently thriving as a successful Airbnb, this property boasts a stylish open floor plan, a gourmet kitchen with top-tier appliances, and a spa-like bathroom. The two bedrooms ensure privacy for guests, while the semi-covered patio is an inviting outdoor retreat. Enjoy the convenience of nearby restaurants, shops, and easy downtown access. Don't miss this chance to own a turnkey investment property in one of Houston's most desirable locations.

Investor Tools

Property Icon
$268,000
Estimated Property Value
$0Estimated Mortgage Balance
$268,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$539/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,131
$259,940
2025
$91,500
$168,440
$259,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,131
$259,940

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$265,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
N/A
+$1,960/mo
8.8%

City: Houston

1601 Sabine St | Property Details | No Agent List