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Owner Contacts

$596,000

NAL Estimated Property Value

4035 Norhill Blvd, Houston, TX, 77009

Off Market

2 Beds

3 Bath

1,094 Sq Ft

Single Family Residence

$510.97 / sqft

Built in 1939

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer

FlooringTile, Wood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1939

Garage Spaces1

Land Information

APN0621050000001

Lot Number1

SubdivisionNorth Norhill

Land UseResidential

Legal DescriptionLT 1 BLK 126 NORTH NORHILL

Census Tract511400

Assessed Land Value$450,000

Assessed Improvement Value$130,000

Assessment Year2025

About this property

*SATURDAY OPEN HOUSE CANCELLED*This storybook 2 bedroom, 2.5 bath and BONUS spacious converted attic room (ADDITIONAL 216 SF) PRIME CORNER LOT bungalow is brimming with historic charm & modern amenities! Nestled in the heart of the Historic Norhill right on the popular Norhill Blvd. Esplanade! What a dream! This updated and move-in-ready home boasts large backyard w/mosquito system for entertaining, ample natural light throughout, original hardwood flooring, NEW ROOF, UPDATED PLUMBING & ELECTRICAL, fresh new interior paint, plantation shutters throughout, rare utility room in the house, 2-car garage & double private driveway! You will appreciate the fabulous backyard and outdoor space to enjoy. Unbeatable location offers amazing walkability to many neighborhood parks, incredible local shops and restaurants on Studewood! Short bike/run to the Heights Mercantile, Heights Central Station, 19th Street and M-K-T.

Investor Tools

$596,000

Estimated Property Value

$450,198Estimated Mortgage Balance

$145,802Estimated Equity

25% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,576 /month

Positive

Cash Flow Estimate:

$1,192 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$982/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,802

$580,000

2025

$450,000

$130,000

$580,000

Tax History

Year

Tax Paid

Assessed Value

2024

$8,802

$580,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Meridian Bank

Conventional

$464,000

First

Sep 10, 2024

Oct 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$450,198

$153,802

25%

76%

$2,782/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$2,782/mo

$-1,475/mo

2.6%

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