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$1,522,000

1732 Lexington St, Houston, TX, 77098

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,950 Sq Ft
DuplexDuplex
price_per_sqft$1.54 / sqft
Year BuiltBuilt in 1939

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Oven
FlooringTile, Wood

Exterior

Lot Size8,250 sqft

Building Information

Year Built1939
Stories2

Land Information

APN0660870060011
Lot Number12
SubdivisionRichwood
Land UseResidential
Legal DescriptionLT 12 & TR 11 BLK 6 RICHWOOD
Census Tract410900
Assessed Land Value$641,250
Assessed Improvement Value$337,627
Assessment Year2025

About this property

Wow, what a unique property siding Dunlavy Park! The front door opens to a light & bright shared entry. Take the wood stairs up to this unit’s front door. This opens to a large 18x15 Living Room. You will love the wood floors thru out! The most adorable paneled study with 3 walls of windows make you feel like you are in a tree house! Beautiful 15x11 Formal Dining! The Kitchen is light & bright with a 12x8 Breakfast Room, Food Bar, Concrete & Butcher-Block Wood Counters, Lots of cabinets, and a large Utility Closet with washer/dryer and storage! All rooms are spacious with great windows. Check out the views onto Dunlavy Park next door!! Both baths have been updated. White tile with black checkered accents. Now check out the back covered porch and yard! Need more yard space, then open up the sliding gate/fence and Dunlavy Park becomes part of this yard….incredible! Landlord pays GAS, WATER & TRASH. 2nd Level stairs leads to floored attic storage space.

Investor Tools

Property Icon
$1,522,000
Estimated Property Value
$417,000Estimated Mortgage Balance
$1,295,847Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,132 /month
Positive
Cash Flow Estimate:
$3,044 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,805/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,050
$978,877
2025
$641,250
$337,627
$978,877
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,050
$978,877

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Purchase Money Mortgage
$417,000
No
First
Apr 30, 2008
May 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,153
$1,236,847
84%
15%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
N/A
+$3,340/mo
2.6%

Learn About the Market: Opportunity in Houston

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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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1732 Lexington St | Property Details | No Agent List