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$613,000

NAL Estimated Property Value

4031 Oak Ridge St, Houston, TX, 77009

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,036 Sq Ft
price_per_sqft$603.28 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Double Oven, Electric Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size5,001 sqft

Building Information

Year Built1930
Stories1
Garage Spaces2

Land Information

APN0621060000004
Lot Number4
SubdivisionNorth Norhill
Land UseResidential
Legal DescriptionLT 4 BLK 127 NORTH NORHILL
Census Tract511400
Assessed Land Value$450,000
Assessed Improvement Value$103,619
Assessment Year2025

About this property

This quintessential Heights bungalow sits in the heart of Norhill and is the perfect place to call home! The two bedroom, one bath, two car garage home features a remodeled kitchen and bathroom, updated PVC water lines, tankless hot water heater, double-paned windows, whole-home water filtration system and air purifier, and an automatic driveway gate. The large covered front porch welcomes guests and backyard deck is perfect for relaxing in the evenings. Nestled away from any major through streets, you can enjoy quiet nights and reduced through traffic while still being a short distance from eateries and shops.

Investor Tools

Property Icon
$613,000
Estimated Property Value
$232,260Estimated Mortgage Balance
$380,740Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,750 /month
Positive
Cash Flow Estimate:
$1,250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$883/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,535
$553,619
2025
$450,000
$103,619
$553,619
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,535
$553,619

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$235,000
No
First
Sep 29, 2025
Oct 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,260
$384,740
62%
38%
$1,409/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,409/mo
$-102/mo
2.6%

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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4031 Oak Ridge St | Property Details | No Agent List