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$239,314

NAL Estimated Property Value

1937 Alta Vista St, Houston, TX, 77023

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths952 Sq Ft
price_per_sqft$275.2 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating

Exterior

Lot Size9,766 sqft

Building Information

Year Built1945
Stories1

Land Information

APN0141940000320
Lot Number320
SubdivisionForest Hill
Land UseResidential
Legal DescriptionLT 320 FOREST HILL
Census Tract311200
Assessed Land Value$154,546
Assessed Improvement Value$84,768
Assessment Year2025

About this property

Incredible opportunity! This home has been fully remodeled and offers you the feel of a new home in a prime location! With new flooring, cabinets, countertops, as well as structural upgrades to the plumbing and electrical wiring, this house offers peace of mind and a quality feel. This oversized lot gives this property incredible potential for you to build your dream additions on this property! Within walking distance to parks, bike trails, and golf courses, this home offers you the feel of a quaint and quiet community with the convenience of being so close to downtown. This is a great opportunity you cannot miss!

Investor Tools

Property Icon
$239,314
Estimated Property Value
$155,241Estimated Mortgage Balance
$84,073Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,572 /month
Positive
Cash Flow Estimate:
$524 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$497/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,765
$239,314
2025
$154,546
$84,768
$239,314
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,765
$239,314

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Vincent Falcon Villarreal Ii Etal
Purchase Money Mortgage
$160,000
No
First
Sep 4, 2024
Oct 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,241
$84,073
35%
65%
$960/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$960/mo
+$347/mo
6.6%

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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1937 Alta Vista St | Property Details | No Agent List