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$1,600,000

1626 De Soto Street, Houston, TX, 77091

On MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size1.00 acres

Land Information

APN0551830000009
Lot Number9
SubdivisionHighland Heights Annex
Land UseCommercial
Legal DescriptionLT 9 BLK 16 HIGHLAND HEIGHTS ANNEX SEC 2
Census Tract531800
Assessed Land Value$415,027
Assessment Year2025

About this property

RARE 2 ACRE DEVELOPMENT OPPORTUNITY IN HIGHLAND HEIGHTS! Approximately 87,120 SF of clean, cleared land with electrical service available. Conveniently located near I-45, Loop 610 and US-290, with easy access to The Heights, Oak Forest, Garden Oaks and Downtown Houston. Excellent opportunity for builders, developers or investors looking for a large tract in a growing area. Buyer to verify utilities, restrictions, permits and intended use. A great opportunity for builders, developers and investors seeking a large tract in a growing Houston corridor. Seller owns both adjoining lots. This MLS listing includes both lots; however, MLS only allows one Tax ID to be entered. The Tax ID shown in the listing represents one of the two lots.

Investor Tools

$148,133Estimated Mortgage Balance
$266,894Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,600 /month
Positive
Cash Flow Estimate:
$3,200 /month

Interested in this property?

Ernestina Argueta

LPT Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$566/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,723
$415,027
2025
$415,027
N/A
$415,027
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,723
$415,027

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Isidro A Rodriguez
Unknown
$171,000
No
First
Nov 21, 2019
Nov 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$148,133
$266,894
64%
36%
$1,026/mo

City: Houston

1626 De Soto Street | Property Details | No Agent List