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$390,000

215 W Norma Street 301, Houston, TX, 77009

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,635 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$238.53 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Wine Refrigerator, Electric Oven, Microwave, Electric Range, Free-Standing Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringTile, Wood

Building Information

Year Built1925

Land Information

APN1263820000011
Land UseResidential
Legal DescriptionUNIT 301 .0609 INT COMMON LAND & ELE HEIGHTS ABBEY CONDO AMEND
Census Tract510301
Assessed Land Value$60,557
Assessed Improvement Value$258,166
Assessment Year2025

About this property

This truly special condo that was transformed from a a historic church into 18 distinct units, with this unit located on the third floor, conveniently accessible via an elevator. The unit boasts numerous windows that flood the space with natural light and offer breathtaking views of the treetops, new hardwood floors, open concept kitchen, equipped with stainless steel appliances, granite countertops, and a spacious barstool area, the exposed brick walls add a touch of loft-style charm to the space. The large bedrooms provide serene views from their windows, ensuring a peaceful retreat. For added convenience, the washer and dryer are conveniently located within the unit. The building offers controlled access, and additionally, you’ll find assigned garage parking with a covered path leading to the garage area. This exceptional location offers easy access to Heights, Downtown, and Midtown, making it an ideal choice for those seeking a blend of historic charm and modern amenities.

Investor Tools

$233,787Estimated Mortgage Balance
$172,213Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,436 /month
Positive
Cash Flow Estimate:
$812 /month

Interested in this property?

Kenneth Terrell

Bungalow Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$542/month
$660/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,476
$318,723
2025
$60,557
$258,166
$318,723
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,476
$318,723

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Loan Star Inc
Conventional
$260,000
No
First
Mar 19, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,787
$172,213
42%
58%
$1,559/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$2,219/mo
$-912/mo
3.9%

City: Houston

215 W Norma Street 301 | Property Details | No Agent List