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$351,000

NAL Estimated Property Value

1912 Erastus Street, Houston, TX, 77020

SoldInfo
7/15/26
Beds3 Beds
Baths3 Bath
Baths1,860 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$190.81 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher, Oven
FlooringWood

Exterior

Exterior FeaturesBalcony
Lot Size2,500 sqft

Building Information

Garage Spaces2

Land Information

APN1446320010003
Lot Number3
Land UseResidential
Legal DescriptionLT 3 BLK 1 LYONS REDEV FORTYSIXTH VENTURE
Census Tract211302
Assessed Land Value$52,500
Assessment Year2025

About this property

Welcome to 1912 Erastus Street, a newly constructed home by Parra Homes, one of the pioneering builders in Houston’s revitalized Fifth Ward. This 3-bedroom, 2.5-bath home offers first-floor living and a private driveway, ideally located across from the beautiful Boyce-Dorian Park and just minutes from Downtown Houston and the exciting new East River development. Inside, you’ll find real hardwood flooring throughout, a rare and timeless touch, and a modern kitchen with quartz countertops, flat-panel European-style cabinetry, and stainless steel appliances. The primary suite features large sliding glass doors leading to a private covered balcony, a spa-like bath with floating vanities, soaking tub, and frameless glass shower, plus a spacious walk-in closet. Enjoy entertaining outdoors with a covered patio and expansive backyard complete with French drains and gutters. No HOA, ideal for homeowners or investors alike. Exceptional value for new construction near East River.

Investor Tools

Property Icon
$351,000
Estimated Property Value
$0Estimated Mortgage Balance
$351,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,129 /month
Positive
Cash Flow Estimate:
$710 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$238/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,099
$52,500
2025
$52,500
N/A
$52,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,099
$52,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$351,000
100%
0%
$0/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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1912 Erastus Street | Property Details | No Agent List