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$790,000

1931 Bissonnet Street, Houston, TX, 77005

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,652 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$478.21 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size6,599 sqft

Building Information

Year Built1940
Stories1
Garage Spaces2

Land Information

APN0541060000017
Lot Number17
SubdivisionSouthampton Place
Land UseResidential
Legal DescriptionLT 17 BLK 44 SOUTHAMPTON PLACE
Census Tract412000
Assessed Land Value$567,000
Assessed Improvement Value$134,297
Assessment Year2025

About this property

This charming traditional 3 bedroom/2 bath home is an ideal "entry level" home into desirable Southampton Place. The benefit of the Bissonnet location is that the front yard is fully gated, which allows for more useage of the total lot area. The back alley provides ease in access to the property and additional parking space. Whereas the current home is certainly "liveable", the 6,600 sq. ft. lot (per HCAD) would make a great building site. The existing home could also be a nice rental property while drafting architectural plans and obtaining bids for new construction. There is other new construction in the area. Wonderful location near area restaurants (across the street from Picnic!), museums, the Rice Village, and Rice University. Great opportunity to live in now and build later!

Investor Tools

$9,284,995Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,352 /month
Positive
Cash Flow Estimate:
$1,784 /month

Interested in this property?

Walter Bering

Martha Turner Sotheby's International Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,641/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,228
$701,297
2025
$567,000
$134,297
$701,297
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,228
$701,297

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Origin Bank
Unknown
$10,000,000
No
First
Jul 28, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$9,284,995
N/A
0%
1041%
$59,956/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$59,956/mo
$-57,376/mo
3.5%

Learn About the Market: Opportunity in Houston

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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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1931 Bissonnet Street | Property Details | No Agent List