1Days on Market

4view

$975,000

327 W 31st St, Houston, TX, 77018

On Market

Just Added

3 Beds

2 Bath

2,174 Sq Ft

Single Family Residence

$448.48 / sqft

Built in 1946

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Freestanding Oven, Gas Oven, Oven, Microwave, Free-Standing Range, Gas Cooktop, Gas Range, Dishwasher

FlooringTile, Wood

Exterior

Lot Size13,991 sqft

Building Information

Year Built1946

Stories1

Garage Spaces2

Land Information

APN0660450020020

Lot Number20

SubdivisionGarden Oaks

Land UseResidential

Legal DescriptionLT 20 BLK 2 GARDEN OAKS SEC 1

Census Tract530200

Assessed Land Value$545,790

Assessed Improvement Value$106,167

Assessment Year2025

About this property

Exceptional opportunity to own this well-kept 3-bedroom, 2 bath home on a generous 13,990-square-foot lot with a backyard large enough for a swimming pool in the highly sought-after Garden Oaks Section 1. Surrounded by mature trees, oversized lots, and stunning new construction, this property offers the perfect setting to call home in one of Houston’s most desirable neighborhoods. The property features a large 30' long X 20' width garage and all new interior paint. Large 20x18 covered carport. Large 13x7 Mud Room. New roof in 2025. Ideally located with convenient access to Loop 610, this homesite places you just minutes from popular dining, shopping, and entertainment. Walk to Whole Foods, nearby favorites including the Heights H-E-B, local restaurants, shopping and more! With easy connectivity to Downtown Houston, The Galleria, Heights and the Texas Medical Center, this location combines neighborhood charm with city accessibility. live in one in the best sections of Garden Oaks.

Investor Tools

$4,860Estimated Mortgage Balance

$817,140Estimated Equity

99% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,850 /month

Positive

Cash Flow Estimate:

$1,950 /month

Interested in this property?

David Young

Blue Dahlia Realty

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$829/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,833

$651,957

2025

$545,790

$106,167

$651,957

Tax History

Year

Tax Paid

Assessed Value

2024

$5,833

$651,957

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Home Savings Of America Fsb

N/A

$94,400

N/A

First

Jul 2, 1997

Aug 2012

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$4,860

$828,140

99%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

N/A

+$1,722/mo

2.5%

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.

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