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Owner Contacts

$628,000

NAL Estimated Property Value

1943 Norfolk Street B, Houston, TX, 77098

Off Market

3 Beds

4 Bath

2,302 Sq Ft

Single Family Residence

$202 / sqft

Built in 2002

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Dishwasher

FlooringStone, Wood

Exterior

Lot Size2,174 sqft

Building Information

Year Built2002

Garage Spaces2

Land Information

APN1227060010002

Lot Number2,6

SubdivisionRichmond Place

Land UseResidential

Legal DescriptionLT 2 BLK 1 (RP LT 6 BLK 5 RICHMOND PLACE) SILVERSTONE

Census Tract410900

Assessed Land Value$154,125

Assessed Improvement Value$359,390

Assessment Year2025

About this property

Enjoy the best of everything in this stunning free-standing home in Montrose/ Upper Kirby area. Interlaced with a modern touch and undeniable elegance, this extraordinary home exudes quality and style at every turn with beautiful bamboo and stone flooring- NO carpet! The first floor features a bedroom with an en-suite bath and access to the back patio. Open second-floor living+dining with a fireplace, powder room, and balcony. The third floor features the primary suite, a spacious primary bath w/ dual sinks, tub & shower. The utility room and additional bedroom with an en-suite bath are also located on the third floor. 1943 Norfolk has been lovingly maintained by the owners! No flooding and No HOA! Call today to view this amazing home.

Investor Tools

$628,000

Estimated Property Value

$350,414Estimated Mortgage Balance

$277,586Estimated Equity

44% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,768 /month

Positive

Cash Flow Estimate:

$1,256 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$868/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,277

$513,515

2025

$154,125

$359,390

$513,515

Tax History

Year

Tax Paid

Assessed Value

2024

$7,277

$513,515

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Devon Bank

Purchase Money Mortgage

$382,286

First

Dec 22, 2021

Jan 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$350,414

$277,586

44%

56%

$2,292/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$2,292/mo

+$288/mo

4.9%

Learn About the Market: Opportunity in Houston

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