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$1,500

301 Tabor St, Houston, TX, 77009

Under ContractInfo
Beds2 Beds
Baths1 Bath
Baths1,022 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.47 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Gas Oven, Oven, Microwave, Gas Cooktop, Gas Range, Refrigerator
FlooringLaminate

Exterior

Exterior FeaturesBalcony
Lot Size5,001 sqft

Building Information

Year Built1930
Stories1

Land Information

APN0330740000007
Lot Number7
SubdivisionBrooke Smith
Land UseResidential
Legal DescriptionLT 7 BLK 8 BROOKE SMITH
Census Tract511400
Assessed Land Value$300,000
Assessed Improvement Value$447,794
Assessment Year2025

About this property

NOTE: ONLY STREET PARKING available in front of the residence for this property. Charming, updated bungalow in the heart of the Heights! This spacious 2-bedroom, 1-bath home features an oversized living and dining room combo, offering plenty of room to relax or entertain. Nestled in one of the most sought-after areas of the Heights, the property is zoned to highly acclaimed Heights schools. Enjoy morning coffee or evening downtime on the adorable front porch, adding to the classic bungalow charm. the home has been tastefully updated while maintaining its character. Conveniently located near I-45, & minutes from dining, shopping, and all the wonderful amenities Houston has to offer. Tenant to pay $120 monthly to cover gas & yard maintenance. As the property includes two homes sharing utility meters, tenant is also responsible for 1/3 of the water and 1/3 of the electric bills. The landlord will provide monthly statements reflecting the total amounts for confirmation.

Investor Tools

$541,255Estimated Mortgage Balance
$507,680Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,288 /month
Positive
Cash Flow Estimate:
$2,096 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,702/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,178
$747,794
2025
$300,000
$447,794
$747,794
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,178
$747,794

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens Bank Na
Conventional
$573,750
No
First
May 25, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$541,255
$704,745
56%
52%
$3,440/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,440/mo
$-1,718/mo
2.0%

City: Houston