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$419,000

NAL Estimated Property Value

1615 Dolly Wright Street, Houston, TX, 77088

Off MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths2,169 Sq Ft
Multi FamilyMulti Family
price_per_sqft$192.95 / sqft
Year BuiltBuilt in 2025

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesRange, Disposal, Microwave, Dishwasher
FlooringVinyl

Exterior

Lot Size5,001 sqft

Land Information

APN0162660130001
Lot Number13
SubdivisionHighland Acre Homes
Land UseResidential
Legal DescriptionTR 1 OF LT 13 BLK 4 HIGHLAND ACRE HOMES
Census Tract533200
Assessed Land Value$70,305
Assessment Year2025

About this property

Modern new construction duplex offering two incoming producing units each featuring 3 bedrooms and 2.5 baths. Designed with open concept layouts, both units showcase quartz countertops, sleek modern cabinetry finishes throughout. Functional floor plans create seamless flow between living, dining, and kitchen spaces. Ideal for maximizing rental appeal. Each unit includes a private primary suite with an ensuite bath, along with well proportioned secondary bedrooms suitable for long term or short term rental use. With strong rental potential this property presents an opportunity for buyers to step into ownership with built in value from day one. Conveniently located near major highways, providing ease access to employment centers, retail and dining. Builder Warranty offers reduced maintenance and long term peace of mind. An excellent opportunity for investors or owner occupants seeking modern design, strong rental potential and lasting value.

Investor Tools

Property Icon
$419,000
Estimated Property Value
$410,919Estimated Mortgage Balance
$8,081Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,514 /month
Positive
Cash Flow Estimate:
$838 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$235/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$724
$70,305
2025
$70,305
N/A
$70,305
No

Tax History

Year
Tax Paid
Assessed Value
2024
$724
$70,305

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Unknown
$410,919
No
First
May 5, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$410,919
$8,081
1%
98%
$0/mo

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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1615 Dolly Wright Street | Property Details | No Agent List