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Owner Contacts

$504,000

1615 Shearn St, Houston, TX, 77007

Sold

7/17/26

3 Beds

4 Bath

2,540 Sq Ft

Single Family Residence

$1.22 / sqft

Built in 2015

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Gas Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size1,795 sqft

Building Information

Year Built2015

Garage Spaces2

Land Information

APN1357180010006

Lot Number6

Land UseResidential

Legal DescriptionLT 6 BLK 1 SHEARN BROOK GARDENS

Census Tract510100

Assessed Land Value$135,840

Assessed Improvement Value$332,585

Assessment Year2025

About this property

WOW, what a great LOCATION! 1615 Shearn is located in the heart of Houston's 1st ward, home to Spring Street Art Studio & East Washington Arts district. AKA Sawyer Heights, the area has become known as a designated cultural district w/access to literally everything. Commute to downtown <2 mi, Memorial Park <4 mi, one block to Market Trail (hike & bike) which spans from N. Heights @ 26th to downtown, walk to the city's best restaurants, galleries groceries, entertainment & shopping! Stunning, freestanding gated home, w/rooftop terrace & beautiful downtown views. Open plan w/high ceilings & generous room sizes. This property is practically new & is barely lived in. You'll love the wide open spaces + each bedroom has a private bath. Great roommate plan! Modern finishes include granite countertops, under-cabinet lights in kitchen, walnut colored wood floors on main living, crisp, clean bathrooms & cozy modern fireplace. Washer, dryer, fridge included. And there's actually guest parking!

Investor Tools

$504,000

Estimated Property Value

$290,000Estimated Mortgage Balance

$251,150Estimated Equity

42% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,024 /month

Positive

Cash Flow Estimate:

$1,008 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,127/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,004

$468,425

2025

$135,840

$332,585

$468,425

Tax History

Year

Tax Paid

Assessed Value

2024

$11,004

$468,425

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

American Heritage Capital Lp

Conventional

$290,000

First

Jan 8, 2020

Feb 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$252,850

$251,150

49%

50%

$1,739/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$1,739/mo

+$841/mo

6.1%

Learn About the Market: Opportunity in Houston

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