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$520,123

NAL Estimated Property Value

409 E 32nd Street, Houston, TX, 77018

Off MarketInfo
Baths0 Bath
Baths2,182 Sq Ft

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size3,001 sqft

Building Information

Year Built2023
Garage Spaces1

Land Information

APN0211140000019
Lot Number19
SubdivisionIndependence Heights Annex
Land UseResidential
Legal DescriptionLT 19 BLK 44 INDEPENDENCE HEIGHTS ANNEX
Census Tract530300
Assessed Land Value$84,000
Assessed Improvement Value$436,123
Assessment Year2025

About this property

NEW CONSTRUCTION HOMES ARE POPPING UP EVERY DAY IN THE AREA AND HERE IS YOUR OPPORTUNITY TO BUILD THE IDEAL HOME ON THIS GREAT LOT IN THE UP-AND-COMING INDEPENDENCE HEIGHTS AREA! THE CONVENIENCE OF LIVING IN THE HEART OF THE CITY, AND PLANS IN THE AREA FOR NEW DEVELOPMENT, ARE MAKING THE AREA EXTREMELY DESIRABLE. CALL TODAY TO GET MORE INFORMATION!

Investor Tools

Property Icon
$520,123
Estimated Property Value
$465,267Estimated Mortgage Balance
$54,856Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,121 /month
Positive
Cash Flow Estimate:
$1,040 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$358/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,692
$520,123
2025
$84,000
$436,123
$520,123
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,692
$520,123

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Fha
$478,021
Yes
First
Nov 18, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$465,267
$54,856
10%
89%
$2,866/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,866/mo
$-1,144/mo
4.0%

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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409 E 32nd Street | Property Details | No Agent List