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$879,000

1843 Norfolk St, Houston, TX, 77098

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths2,944 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$270.04 / sqft
Year BuiltBuilt in 1937

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Gas Range, Dishwasher
FlooringCarpet, Tile, Vinyl, Wood

Exterior

Lot Size6,247 sqft

Building Information

Year Built1937
Garage Spaces1

Land Information

APN0660870050001
SubdivisionRichwood
Land UseResidential
Legal DescriptionTRS 1 & A BLK 5 RICHWOOD
Census Tract410900
Assessed Land Value$551,250
Assessed Improvement Value$309,613
Assessment Year2025

About this property

Yesterday meets tomorrow in this Museum District Home features a 5-bedrooms, 2 Full Bathroom, 2 Half Bathrooms with Garage Apartment above the garage! The Garage Apartment has Kitchenette, Full Bathroom about 485 Square Feet. The Main House Insulated Windows and Cement Board siding has been updated! Charming location and convenience can be yours and the rehab choices are endless! Conveniently located within walking distance to numerous restaurants, Zoned to Poe Elementary School, Lanier Middle School, and Lamar High School! A block away from Ervan Chew Park which claims to be the first dog park in town, you'll find art galleries, restaurants, and shopping options in the vibrant Upper Kirby neighborhood. Plus, you're just minutes away from downtown, the Medical Center, Rice University, and Rice Village. New Construction surrounding the home! No Flooding during any of the storms! Home being sold in present condition with no repairs being provided by the seller.

Investor Tools

Property Icon
$879,000
Estimated Property Value
$751,750Estimated Mortgage Balance
$156,616Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,274 /month
Positive
Cash Flow Estimate:
$1,758 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$711/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,136
$860,863
2025
$551,250
$309,613
$860,863
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,136
$860,863

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Champions Lending Llc
Conventional
$751,750
No
First
Mar 22, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$722,384
$138,479
16%
82%
$4,508/mo

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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1843 Norfolk St | Property Details | No Agent List