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$253,000

390 Freeport St, Houston, TX, 77015

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,828 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.35 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size8,638 sqft

Building Information

Year Built1970
Stories1
Garage Spaces4

Land Information

APN1020800000069
Lot Number69
SubdivisionWoodforest
Land UseResidential
Legal DescriptionLT 69 BLK 61 WOODFOREST SEC 16
Census Tract233001
Assessed Land Value$64,544
Assessed Improvement Value$158,620
Assessment Year2025

About this property

Located at 390 Freeport Street, this property is a 3-bedroom, 2-bathroom home near Beltway 8 and I-10. It boasts a circle driveway, a spacious carport, and a garage. Inside, you'll find a living room with a cozy fireplace, a breakfast room, formal dining room, and a primary bedroom with a walk-in closet. The property also includes a driveway gate for added security and a backyard with beautiful trees, providing a serene outdoor space. Enjoy the convenience, comfort, and privacy this property offers.

Investor Tools

Property Icon
$253,000
Estimated Property Value
$174,250Estimated Mortgage Balance
$86,934Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,518 /month
Positive
Cash Flow Estimate:
$506 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$132/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$315
$223,164
2025
$64,544
$158,620
$223,164
No

Tax History

Year
Tax Paid
Assessed Value
2024
$315
$223,164

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Conventional
$174,250
No
First
Oct 17, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$166,066
$76,934
31%
66%
$1,045/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,295/mo
+$427/mo
8.2%

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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390 Freeport St | Property Details | No Agent List