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Owner Contacts

$223,000

338 Evanston St, Houston, TX, 77015

Off Market

3 Beds

2 Bath

1,826 Sq Ft

Single Family Residence

$123.22 / sqft

Built in 1964

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Double Oven, Electric Oven, Trash Compactor, Electric Cooktop, Dishwasher, Refrigerator

FlooringCarpet, Tile, Vinyl

Exterior

Lot Size7,553 sqft

Building Information

Year Built1964

Stories1

Garage Spaces2

Land Information

APN1050750000028

Lot Number28

SubdivisionWoodforest

Land UseResidential

Legal DescriptionLT 28 BLK 66 WOODFOREST SEC 18

Census Tract233001

Assessed Land Value$60,208

Assessed Improvement Value$146,606

Assessment Year2025

About this property

Welcome Home to 338 Evanston Street! This well maintained 3-bedroom, 2-bath home is move-in ready but also has endless possibilities for you to put your own personal touches into it. The functional layout includes a spacious living/family room area, a formal dining that can also be made into a home office area and a 3rd bedroom with a built-in desk nook—perfect for work, study, or hobbies. Enjoy your mornings and evenings underneath the spacious covered back patio area. Shed in backyard area stays for extra storage for all your equipment and outdoor toys. Whether you’re looking for a home that’s ready for move in today or a canvas to paint your own personalized picture and make it your own, this property has all the potential. (Virtually staged pictures have been furnished for visual purposes)

Investor Tools

$223,000

Estimated Property Value

$220,924Estimated Mortgage Balance

$4,001Estimated Equity

1% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,350 /month

Positive

Cash Flow Estimate:

$450 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$115/month

$300/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$271

$206,814

2025

$60,208

$146,606

$206,814

Tax History

Year

Tax Paid

Assessed Value

2024

$271

$206,814

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Everett Financial Inc

Fha

$220,924

Yes

First

Nov 14, 2025

Dec 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$218,999

$4,001

98%

$1,325/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,625/mo

+$97/mo

9.3%

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.

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