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$1,053,000

NAL Estimated Property Value

4022 W Alabama St, Houston, TX, 77027

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,162 Sq Ft
price_per_sqft$460.22 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size7,183 sqft

Building Information

Year Built1950
Stories1
Garage Spaces1

Land Information

APN0750750030022
Lot Number22
SubdivisionHighland Village
Land UseResidential
Legal DescriptionLT 22 & TR 23A BLK 3 HIGHLAND VILLAGE
Census Tract411505
Assessed Land Value$875,486
Assessed Improvement Value$115,282
Assessment Year2025

About this property

Welcome to this charming home at 4022 W Alabama, in the coveted Highland Village neighborhood. The property features 3 bedrooms, 2 baths, an updated kitchen, plus a bonus room perfect for a home office, entertainment area, or additional living space. The primary bedroom was added by the current owners to create a luxurious retreat, complete with 2 closets and ample space for relaxation and privacy. This home offers versatility and comfort for its new owners. Don't miss the opportunity to make this your dream home!

Investor Tools

Property Icon
$1,053,000
Estimated Property Value
$698,914Estimated Mortgage Balance
$354,086Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,318 /month
Positive
Cash Flow Estimate:
$2,106 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,589/month
$1,139/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,799
$990,768
2025
$875,486
$115,282
$990,768
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,799
$990,768

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Loan Star Inc
Conventional
$723,800
No
First
Jun 18, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$698,914
$332,086
32%
66%
$4,340/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$5,479/mo
$-3,519/mo
2.2%

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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4022 W Alabama St | Property Details | No Agent List