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Owner Contacts

$780,000

NAL Estimated Property Value

4303 Watson St, Houston, TX, 77009

Off Market

3 Beds

2 Bath

914 Sq Ft

Single Family Residence

$432.17 / sqft

Built in 1927

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Heating Central

Cooling

Exterior

Lot Size4,539 sqft

Building Information

Year Built1927

Stories1

Land Information

APN0590270000003

Lot Number3

SubdivisionParker

Land UseResidential

Legal DescriptionLT 3 BLK 1 PARKER

Census Tract511400

Assessed Land Value$408,600

Assessed Improvement Value$265,774

Assessment Year2025

About this property

Seize the chance to own a piece of history in the Norhill section of the Heights. This classic Heights bungalow presents a fantastic opportunity for investors, remodelers, or those dreaming of restoring a historic gem to its former glory. Despite its history, this property does not fall within the Norhill Historic District, which may expand your options with renovation. Featuring 2 bedrooms, 1 bath, a front porch, and a 4540 square foot lot, this property is ideally situated within walking distance of Proctor Plaza Park and North Main Street, along with a variety of excellent dining and coffee shop options. Available for sale "as is," with no repairs.

Investor Tools

$780,000

Estimated Property Value

$1,167,428Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,680 /month

Positive

Cash Flow Estimate:

$1,560 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$860/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,422

$674,374

2025

$408,600

$265,774

$674,374

Tax History

Year

Tax Paid

Assessed Value

2024

$6,422

$674,374

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Gulf Coast Educators Fcu

Conventional

$596,000

First

Mar 18, 2025

Apr 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,167,428

N/A

150%

$7,148/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$7,148/mo

$-5,426/mo

2.6%

Learn About the Market: Opportunity in Houston

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