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$320,000

NAL Estimated Property Value

1806 State St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,400 Sq Ft
price_per_sqft$303.5 / sqft
Year BuiltBuilt in 1910

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
HeatingHeating

Exterior

Lot Size3,402 sqft

Building Information

Year Built1910

Land Information

APN0052240000021
SubdivisionBaker W R Nsbb
Land UseResidential
Legal DescriptionTR 8A BLK 441 BAKER W R NSBB
Census Tract510201
Assessed Land Value$228,888
Assessed Improvement Value$83,288
Assessment Year2025

About this property

Nestled on one of the most sought-after streets in the Old Sixth Ward Historic District, this charming property offers a rare chance to restore and reimagine a piece of Houston’s past. The main home boasts approximately 1,400 sq ft of original character waiting to be brought back to life, while the detached guest house (approx. 388 sq ft) provides added versatility—ideal for a home office, rental income, or guest suite. Surrounded by beautifully preserved homes, this is more than a remodel—it’s an opportunity to become a part of one of Houston’s most beloved historic neighborhoods. Whether you're a preservation enthusiast, seasoned renovator, or visionary homebuyer, this is your canvas to create something truly special.

Investor Tools

Property Icon
$320,000
Estimated Property Value
$291,232Estimated Mortgage Balance
$28,768Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,549 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$481/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,178
$312,176
2025
$228,888
$83,288
$312,176
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,178
$312,176

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crebrid Llc
Building Or Construction Loan
$292,500
No
First
Feb 27, 2026
Feb 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$291,232
$30,768
9%
91%
$1,754/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,754/mo
+$826/mo
9.7%

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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1806 State St | Property Details | No Agent List