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$1,119,000

NAL Estimated Property Value

407 W 34th Street, Houston, TX, 77018

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,891 Sq Ft
price_per_sqft$274.99 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Ice Maker, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Wood

Exterior

Private PoolPrivate Pool
Lot Size13,682 sqft

Building Information

Year Built1940
Stories1
Garage Spaces1

Land Information

APN0660450070037
Lot Number37
SubdivisionGarden Oaks
Land UseResidential
Legal DescriptionLT 37 BLK 7 GARDEN OAKS SEC 1
Census Tract530200
Assessed Land Value$539,280
Assessed Improvement Value$480,720
Assessment Year2025

About this property

Beautifully remodeled home in Garden Oaks sits on a 13,680 square foot lot (per HCAD) and is just steps from the park. Mature shade trees rest in the front and back yards. Updated kitchen is open to the family room and dining has granite counters, glass front cabinets, apron sink, wine chiller, and separate ice maker under the wet bar. The fabulous master retreat offers a walk-in shower with double shower heads, separate soaking tub, separate vanities. A beautiful sitting/dressing area connects two large walk-in master closets with built-ins and custom storage such as glass front tie cabinets, hidden shoe racks, huge dressing mirrors, etc. The backyard features a tranquil pool with rock and water features. The 48 foot covered porch, with its iron railing has a New Orleans feel, is the perfect spot to overlook the pool and patios. This is an awesome home for entertaining. Walking distance to park, restaurants, and retail.

Investor Tools

Property Icon
$1,119,000
Estimated Property Value
$453,099Estimated Mortgage Balance
$665,901Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,714 /month
Positive
Cash Flow Estimate:
$2,238 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,304/month
$25/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,051
$1,020,000
2025
$539,280
$480,720
$1,020,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,051
$1,020,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$510,000
No
First
Aug 11, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$453,099
$665,901
59%
40%
$3,058/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,083/mo
$-1,361/mo
1.8%

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.

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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