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Days67Days on Market
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$3,600

1956 Norfolk St, Houston, TX, 77098

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,953 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.84 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,247 sqft

Building Information

Year Built1935
Garage Spaces3

Land Information

APN0571230000019
Lot Number19
SubdivisionRichmond Place
Land UseResidential
Legal DescriptionLT 19 BLK 3 RICHMOND PLACE
Census Tract410900
Assessed Land Value$551,250
Assessed Improvement Value$70,269
Assessment Year2025

About this property

Welcome to 1956 Norfolk, ideally located in the heart of Houston's Inner Loop. This home offers unbeatable access to the Texas Medical Center, Rice University, Downtown Houston, and some of the city's best dining, shopping, and entertainment in Upper Kirby, Montrose, and River Oaks. Situated on a charming, tree-lined street, the property features a 2-CAR GARAGE with additional workspace and plumbing, providing extra flexibility for storage or hobbies. Enjoy a prime location with easy access to parks, major freeways, and everyday conveniences.

Investor Tools

$0Estimated Mortgage Balance
$621,519Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,729 /month
Positive
Cash Flow Estimate:
$1,243 /month

Interested in this property?

Susan Slocum

Compass RE Texas, LLC - Memorial

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$525/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,190
$621,519
2025
$551,250
$70,269
$621,519
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,190
$621,519

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$621,519
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
N/A
+$2,580/mo
5.0%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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