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$187,659

NAL Estimated Property Value

245 1/2 Tallant Street, Houston, TX, 77076

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths650 Sq Ft
price_per_sqft$1.46 / sqft
Year BuiltBuilt in 2021

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
AppliancesRefrigerator Included, Convection Oven, Gas Cooktop, Gas Range, Refrigerator
FlooringTile, Vinyl Plank

Exterior

Lot Size7,196 sqft

Building Information

Year Built1955
Garage Spaces2

Land Information

APN0761190010012
Lot Number12
SubdivisionPearl Gardens
Land UseResidential
Legal DescriptionLT 12 BLK 1 PEARL GARDENS
Census Tract221301
Assessed Land Value$92,070
Assessed Improvement Value$95,589
Assessment Year2025

About this property

Charming 1 bed & 1 bath, new built mother-in-law suite ALL UTILITIES INCLUDED! 245 1/2 Tallant St. Practically brand new in 2021. Kitchen features soft closing drawers & cabinets, quartz countertops in kitchen, spacious 2 closets inside the bedroom & built-ins for a character but modern finish. Apartment is behind the main house on the same property/lot. Assigned parking-- is the covered carport with steel iron fence/gate for privacy; closest to the garage apartment. This 650 sq. ft. apartment is located minutes from Downtown Houston, variety of local restaurants, shopping centers and schools. Conveniently located with quick access to major highways I-45, I-59 & Hardy Toll Rd. Please Note: Do not disturb tenants in main home (245 Tallant). Landlord reserves the right to meet tenant(s).

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$413/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,016
$187,659
2025
$92,070
$95,589
$187,659
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,016
$187,659

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Loan Store Inc
Conventional
$168,750
No
First
Dec 15, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$167,527
$20,132
10%
89%
$1,012/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,012/mo
+$710/mo
11.0%

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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245 1/2 Tallant Street | Property Details | No Agent List