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$515,829

1615 Wheeler St Unit B, Houston, TX, 77004

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.2 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,612 sqft

Building Information

Year Built2017
Garage Spaces2

Land Information

APN1380490010002
Lot Number2
Land UseResidential
Legal DescriptionLT 2 BLK 1 MUSEUM URBAN LOFTS AMEND
Census Tract312603
Assessed Land Value$135,408
Assessed Improvement Value$380,421
Assessment Year2025

About this property

Fabulous Contemporary Home in Gated Midtown Community! Discover elevated urban living in this stunning home located in a gated community in Houston’s vibrant Midtown District. Just minutes from Downtown, Medical Center, Hermann Park, Museum District, the Galleria, Uptown & the River Oaks District. Step inside to a spacious, open-concept living area featuring soaring ceilings, LED lighting & warm wood flooring throughout. The gourmet kitchen is a chef’s dream, complete w/ custom soft-close cabinetry, sleek quartz countertops & an elegant glass backsplash. The large primary suite includes a lavish en-suite bathroom & a generous dressing room, creating a private retreat. Add’l highlights include freshly painted interiors, energy-efficient low-e windows & balconies—off the family Rm & another from the guest bedroom—perfect for enjoying the outdoors. Entertain in style on the expansive rooftop deck w/ spectacular views of Downtown Houston. NO Airbnb or similar short-term rentals permitted.

Investor Tools

Property Icon
$515,829
Estimated Property Value
$0Estimated Mortgage Balance
$515,829Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,095 /month
Positive
Cash Flow Estimate:
$1,032 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$946/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,770
$515,829
2025
$135,408
$380,421
$515,829
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,770
$515,829

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$525,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
4.0%

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 Wheeler St Unit B | Property Details | No Agent List