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$1,636,781

NAL Estimated Property Value

427 E 24th Street, Houston, TX, 77008

Off MarketInfo
Baths0 Bath
Baths1,819 Sq Ft

Highlights

Interior

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

Exterior

Lot Size15,002 sqft

Building Information

Year Built1938
Garage Spaces5

Land Information

APN0350980560013
Lot Number13-17
SubdivisionSunset Heights
Land UseResidential
Legal DescriptionLTS 13 THRU 17 BLK 56 SUNSET HEIGHTS
Census Tract511502
Assessed Land Value$1,275,000
Assessed Improvement Value$361,781
Assessment Year2025

About this property

Nice 3,000 sq ft lot in a great location in Sunset Heights conveniently located to great restaurants and shops, with easy access to the 610 loop and Downtown. Property is in the interior of the neighborhood surrounded by lovely homes. Very walkable neighborhood with sidewalks, a nearby park, and mature trees. Heights Hike and Bike Trail, MKT Heights, and the Houston Farmer's Market are just a few amenities this inner-city area has to offer. Neighborhood has an active and engaged civic association.

Investor Tools

Property Icon
$1,636,781
Estimated Property Value
$367,731Estimated Mortgage Balance
$1,269,050Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,821 /month
Positive
Cash Flow Estimate:
$3,274 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,634/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$23,424
$1,636,781
2025
$1,275,000
$361,781
$1,636,781
No

Tax History

Year
Tax Paid
Assessed Value
2024
$23,424
$1,636,781

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationstar Mortgage Llc
Conventional
$405,000
No
First
Jul 22, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$367,731
$1,269,050
77%
22%
$2,429/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$2,429/mo
$-739/mo
1.2%

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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