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$700,000

NAL Estimated Property Value

2015 Morse Street, Houston, TX, 77019

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,676 Sq Ft
price_per_sqft$233.56 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher, Washer/Dryer
FlooringCarpet, Slate, Tile, Wood

Exterior

Lot Size2,500 sqft

Building Information

Year Built1996
Stories3
Garage Spaces2

Land Information

APN0520520210004
Lot Number4
SubdivisionHyde Park Main
Land UseResidential
Legal DescriptionN 1/2 LT 4 BLK 21 HYDE PARK MAIN
Census Tract410401
Assessed Land Value$275,000
Assessed Improvement Value$350,000
Assessment Year2025

About this property

Nestled in the highly coveted neighborhood adjacent to the River Oaks Shopping Center is a well maintained three bedroom home with large back yard and a wonderful patio off of the kitchen. 2015 Morse welcomes you with a private driveway and gated entrance. The home has large open second floor living with views of mature trees and lush greenery. Kitchen has gas range, island with a breakfast bar, lots of storage space and breakfast room. Formal dining opens to the living room with gorgeous windows that have all been recently replaced. First floor offers an oversized bedroom with wet bar and full bath. Could be used as a great entertainment space or media room as well. Two huge primary suites are on the third floor with en suite baths and large walk-in closets. Enjoy the privacy provided by the tree tops just out the windows. Laundry room is located on third floor. Walk to amazing restaurants, shops, entertainment and enjoy miles of trails on the Buffalo Bayou.

Investor Tools

Property Icon
$700,000
Estimated Property Value
$585,306Estimated Mortgage Balance
$114,694Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,200 /month
Positive
Cash Flow Estimate:
$1,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,402/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,321
$625,000
2025
$275,000
$350,000
$625,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,321
$625,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$587,000
No
First
Mar 2, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$585,306
$114,694
16%
84%
$3,520/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,520/mo
$-940/mo
4.4%

City: Houston

2015 Morse Street | Property Details | No Agent List