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$268,000

NAL Estimated Property Value

214 Sylvester Rd, Houston, TX, 77009

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths576 Sq Ft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
HeatingHeating

Exterior

Lot Size10,668 sqft

Building Information

Year Built1950
Stories1

Land Information

APN0400770000094
SubdivisionSharman Tract U/R
Land UseResidential
Legal DescriptionTRS 47C & 47F SHARMAN TRACT U/R ABST 1 J AUSTIN
Census Tract210600
Assessed Land Value$199,729
Assessed Improvement Value$32,321
Assessment Year2025

About this property

Your Dream Home can become a reality in this over-sized 10K+ Sqft Lot. Because of its proximity to Downtown and the expansion of the Metro rail, the area is going through a redevelopment, mixing the old with the new as it makes its way into the spotlight. This great property is just one block away from I-45, 610 and the Metro Rail, this is the ideal Location for anyone who wants to take advantage of City Living in an up-and-coming neighborhood that is experiencing so many improvements. 6 miles to Downtown Houston, 6 miles to Downtown, 6 miles to Memorial Park, 8 miles to the Museum District and less than 10 minutes from the best restaurants in The Heights. This is your chance to live in one of Houston's Historic Neighborhoods!

Investor Tools

Property Icon
$268,000
Estimated Property Value
$0Estimated Mortgage Balance
$268,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,740 /month
Positive
Cash Flow Estimate:
$580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$534/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,072
$232,050
2025
$199,729
$32,321
$232,050
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,072
$232,050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$272,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
5.9%

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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214 Sylvester Rd | Property Details | No Agent List