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$831,000

NAL Estimated Property Value

1947 Portsmouth St, Houston, TX, 77098

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,771 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$315.77 / sqft
Year BuiltBuilt in 1938

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Double Oven, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size6,299 sqft

Building Information

Year Built1938
Stories2
Garage Spaces2

Land Information

APN0571230000005
Lot Number5
SubdivisionRichmond Place
Land UseResidential
Legal DescriptionLT 5 BLK 3 RICHMOND PLACE
Census Tract410900
Assessed Land Value$553,500
Assessed Improvement Value$234,168
Assessment Year2025

About this property

Step back in time as you enter this light filled vintage Tudor home through the solid wood arched door with original handset and lions head knocker. The home is surprisingly spacious with both formals, kitchen, utility room and two bedrooms on the first floor. The central hall has the old time built-in telephone shelf. On the second level is a primary suite, game room and additional bedroom. Much of the original charm has been preserved. Classic features include the stained wood trim Palladian windows, deep dental crown moulding, mock fireplace with mantel, built-in corner cabinet and high ceilings. A white and stainless Viking 6 burner with griddle range is the highlight of the kitchen. There is a large backyard with a spacious deck for enjoying the outdoors and satisfying green thumbs plus a two car garage with automatic door. Enjoy the eclectic furnishings and colors in a convenient close in location.

Investor Tools

Property Icon
$831,000
Estimated Property Value
$669,086Estimated Mortgage Balance
$161,914Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,250 /month
Positive
Cash Flow Estimate:
$1,750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,417/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,852
$787,668
2025
$553,500
$234,168
$787,668
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,852
$787,668

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$672,000
No
First
Feb 11, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$669,086
$158,914
19%
81%
$4,029/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$4,079/mo
$-739/mo
4.8%

City: Houston

1947 Portsmouth St | Property Details | No Agent List