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$306,000

207 Carl St, Houston, TX, 77009

$358,367 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,574 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.24 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating

Exterior

Lot Size5,201 sqft

Building Information

Year Built1925
Garage Spaces1

Land Information

APN0032440000005
SubdivisionDepenbrock Allen 62
Land UseResidential
Legal DescriptionTRS 5 & 6 BLK 6 DEPENBROCK ALLEN 62
Census Tract210400
Assessed Land Value$189,150
Assessed Improvement Value$86,525
Assessment Year2025

About this property

Great Investment Opportunity! Prime Corner Lot Opportunity! Discover the endless possibilities with this wonderful large lot on a spacious corner in Houston, TX. Being sold as-is, the property currently includes a single-family home and a building in the back set up as a duplex. This expansive corner lot offers ample potential for development or renovation. Conveniently located near I-45 and I-10, you'll have easy access to numerous shopping, dining, and entertainment options. Don't miss out on this unique opportunity to create your dream investment in a prime location. ** Property being sold AS-IS**

Investor Tools

Property Icon
$306,000
Estimated Property Value
$775,000Estimated Mortgage Balance
$0Estimated Equity
-153% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$358,366
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,836 /month
Positive
Cash Flow Estimate:
$612 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$134/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$74
$275,675
2025
$189,150
$86,525
$275,675
No

Tax History

Year
Tax Paid
Assessed Value
2024
$74
$275,675

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank
Conventional
$775,000
No
First
Apr 11, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$765,591
N/A
0%
250%
$4,899/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$4,899/mo
$-3,177/mo
6.8%

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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