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$1,150,000

234 Malone St, Houston, TX, 77007

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,838 Sq Ft
price_per_sqft$405.21 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesSide Yard
Lot Size4,273 sqft

Building Information

Year Built1995
Garage Spaces2

Land Information

APN0300700000045
SubdivisionRice Military
Land UseResidential
Legal DescriptionTRS 38A 39A & 40A BLK 28 RICE MILITARY
Census Tract510801
Assessed Land Value$462,983
Assessed Improvement Value$335,443
Assessment Year2025

About this property

Stunning 4 bedroom, 3.5 bath home with game room in the heart of Rice Military. Rare two-story floorplan situated on a corner lot with private yard and street parking. Thoughtfully designed with three bedrooms downstairs and a fourth bedroom with ensuite bath upstairs. Spacious primary suite with soaking tub, large shower, private water closet and generous walk-in closet. Open-concept kitchen, living area and dining area. Custom laundry and mudroom features built-in washer and dryer, quartz counters, dog crate and additional storage. A hidden media room tucked behind a bookcase adds a unique bonus space or could be a 5th bedroom. Oversized 2-car garage with custom built-ins, overhead storage, epoxy flooring and EV-ready outlet. Wonderful backyard with turf, raised garden beds, and fresh landscaping, RainBird sprinkler system and covered pergola with wet-rated Minka Aire fan. Updated exterior paint with whitewashed brick and dark accents, and tri-fuel generator.

Investor Tools

$599,202Estimated Mortgage Balance
$344,882Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,900 /month
Positive
Cash Flow Estimate:
$2,300 /month

Interested in this property?

Melanie White

RE/MAX Signature

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,570/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,134
$798,426
2025
$462,983
$335,443
$798,426
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,134
$798,426

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
T2 Financial Llc
Conventional
$633,000
No
First
Jun 16, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$599,202
$314,798
34%
64%
$3,796/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$3,796/mo
$-456/mo
4.3%

City: Houston

234 Malone St | Property Details | No Agent List