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$1,175,000

1811 and 1815 Studewood Street, Houston, TX, 77008

On MarketInfo
Just AddedInfo
Baths0 Bath
Baths912 Sq Ft
Single Family ResidenceSingle Family Residence

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating

Exterior

Lot Size6,151 sqft

Building Information

Year Built1920
Stories1
Garage Spaces3

Land Information

APN0580020020007
Lot Number7
SubdivisionSheldon
Land UseResidential
Legal DescriptionLT 7 BLK 2 SHELDON
Census Tract511302
Assessed Land Value$584,250
Assessed Improvement Value$41,697
Assessment Year2025

About this property

Rare opportunity in the Houston Heights! 12,300 sf lot (per HCAD) currently consists of original bungalows that have been long term rentals. Both properties are 6,150 sf  (per HCAD) which is a 50x123 lot for each. Not located in the Houston Heights historic district. Properties being sold for lot value. No survey, buyer to purchase new one. No alley access. Curbed and guttered street with sidewalk. Close to Heights area shops, restaurants, parks and entertainment with a convenient location to downtown. (Drive by only. Do not walk property. Tenant occupied)

Investor Tools

$0Estimated Mortgage Balance
$625,947Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,050 /month
Positive
Cash Flow Estimate:
$2,350 /month

Interested in this property?

Amanda Anhorn

Greenwood King Properties - Heights Office

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,286/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,305
$625,947
2025
$584,250
$41,697
$625,947
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,305
$625,947

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$625,947
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
N/A
+$1,690/mo
3.2%

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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