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$482,000

312 Archer St, Houston, TX, 77009

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,352 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$391.27 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1930
Stories1
Garage Spaces1

Land Information

APN0330960000001
Lot Number1
SubdivisionBrooke Smith
Land UseResidential
Legal DescriptionLT 1 BLK 30 BROOKE SMITH
Census Tract511600
Assessed Land Value$300,000
Assessed Improvement Value$159,655
Assessment Year2025

About this property

Charming 2BR/2BA 1930s bungalow, w/ great updates & character. Located on a large corner lot w/ room for expansion, this home features spacious rooms, high ceilings, & abundant natural light. Upon entry, a large living room greets you with two built-in shelves that flank the entry into the dining room. The spacious dining room includes a display nook & beautiful wood details. A well-appointed kitchen offers honed granite counters, shaker style cabinets, SS appliances, & space for a home office or breakfast table. The primary bedroom, located off the back of the home, includes a spa-like primary bath w/ soaking tub, walk-in shower, & large walk-in closet. The guest bedroom features built-in shelves & a built-in window seat w/ storage. A spacious guest bath w/ tub/shower combo completes the interior space. This home is conveniently located near I-45, I-59/69, I-610, Allen Parkway and Memorial, and offers great access to many of the best dining & entertainment venues Houston offers.

Investor Tools

Property Icon
$482,000
Estimated Property Value
$416,000Estimated Mortgage Balance
$86,871Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,174 /month
Positive
Cash Flow Estimate:
$1,058 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$820/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,431
$459,655
2025
$300,000
$159,655
$459,655
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,431
$459,655

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Us Bank Na
Conventional
$416,000
No
First
Aug 29, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$395,129
$80,871
16%
82%
$2,495/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$2,495/mo
$-1,188/mo
3.3%

Learn About the Market: Opportunity in Houston

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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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312 Archer St | Property Details | No Agent List