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$604,190

NAL Estimated Property Value

309 Bomar St, Houston, TX, 77006

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,092 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$544.87 / sqft
Year BuiltBuilt in 1919

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringWood

Exterior

Lot Size3,350 sqft

Building Information

Year Built1919

Land Information

APN0090970000012
Lot Number1
SubdivisionCave E W
Land UseResidential Single Family
Legal DescriptionN 67 FT OF LT 1 CAVE E W
Census Tract410502
Assessed Land Value$445,550
Assessed Improvement Value$158,640
Assessment Year2025

About this property

Location! Location! Location! Exquisite Montrose corner lot home with restored wooden floors, crown molding, and 10-foot ceilings throughout. Windows with wood-like blinds offer ample natural light. Landscaped yard, new Hardy board siding, and Pex plumbing. Three-car driveway with electric gate. Walking distance to shopping, bars, and restaurants. A must-see gem in a sought-after neighborhood.

Investor Tools

Property Icon
$604,190
Estimated Property Value
$0Estimated Mortgage Balance
$604,190Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,625 /month
Positive
Cash Flow Estimate:
$1,208 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,134/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,587
$604,190
2025
$445,550
$158,640
$604,190
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,587
$604,190

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$606,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
N/A
+$1,960/mo
3.9%

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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309 Bomar St | Property Details | No Agent List