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$246,000

NAL Estimated Property Value

1819 Karsen Drive, Houston, TX, 77049

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,533 Sq Ft
price_per_sqft$125.57 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Oven
FlooringLaminate, Tile

Exterior

Lot Size6,111 sqft

Building Information

Year Built2003
Garage Spaces1

Land Information

APN1238350030033
Lot Number33
SubdivisionSonoma Ranch
Land UseResidential
Legal DescriptionLT 33 BLK 3 SONOMA RANCH SEC 1
Census Tract252305
Assessed Land Value$43,570
Assessed Improvement Value$176,605
Assessment Year2025

About this property

You can tell that a home has been loved and well maintained the minute you walk up to the home. In this case, you will NOT be disappointed. Great curb appeal and a beautiful front elevation featuring a covered entry greets you. Beautiful diagonally set ceramic tile and laminate floors throughout - no carpet. Updated lighting! Kitchen with quartz counters and marble backsplash. Formal dining with stylish chandelier, is easily closed off to be a private office space. Living room features fireplace with updated surround and soaring ceilings. Master bedroom is spacious with vaulted ceilings. Master bath with separate shower and jetted tub! Big closet too!! Loads of natural light flows throughout! Big backyard with patio. Walking distance to park and pool!!! Ready for you to call it home!!!

Investor Tools

Property Icon
$246,000
Estimated Property Value
$154,072Estimated Mortgage Balance
$91,928Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,476 /month
Positive
Cash Flow Estimate:
$492 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$256/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,845
$220,175
2025
$43,570
$176,605
$220,175
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,845
$220,175

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stellar Bank
Commercial
$173,420
No
First
Aug 21, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,072
$91,928
37%
63%
$1,040/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,770/mo
$1,490/mo
+$280/mo
8.6%

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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