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$799,000

NAL Estimated Property Value

1609 Morse St, Houston, TX, 77019

Recently SoldInfo
7/31/26
Beds2 Beds
Baths2 Bath
Baths1,548 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$516.15 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Dryer Included, Refrigerator Included, Washer Included, Free-Standing Range, Gas Range
FlooringCarpet, Tile, Vinyl, Wood

Exterior

Lot Size6,299 sqft

Building Information

Year Built1954
Stories1
Garage Spaces2

Land Information

APN0610300020001
Lot Number1
SubdivisionLewisdale
Land UseResidential
Legal DescriptionLT 1 BLK 2 LEWISDALE
Census Tract410401
Assessed Land Value$787,500
Assessed Improvement Value$6,667
Assessment Year2025

About this property

**UNIQUE OPPORTUNITY** Prime Oversize 6300sf Corner Lot located in the heart of River Oaks Shopping Center area known for its upscale stores and eclectic global restaurants, and nestled on a highly desirable street & block in this coveted neighborhood, enjoying tree lined streets, this 1 Story, 2BD 1.5BTH ranch style dwelling is habitable yet would benefit from updates and renovation, providing opportunity to reside/renovate/lease while working through future development plans. Highly desirable neighborhood, in a prominent deed restricted subdivision, and surrounded by upscale $1.5M++ homes, this location is a rare find in an exceptional location! Zoned to some of Houston's best schools, with convenient commutes to the Medical Center, Rice U, Museum District, Galleria, Downtown and beyond. Excellent shopping, cafe & dining venues a short stroll away, close to many outdoor activities incl Buffalo Bayou trails, Memorial Park, PGA Golf Course. Don't dilly dally, it'll go fast!

Investor Tools

Property Icon
$799,000
Estimated Property Value
$0Estimated Mortgage Balance
$799,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,794 /month
Positive
Cash Flow Estimate:
$1,598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$890/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,690
$794,167
2025
$787,500
$6,667
$794,167
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,690
$794,167

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$799,000
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
2.9%

City: Houston

1609 Morse St | Property Details | No Agent List