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$350,000

440 Lenard St, Houston, TX, 77009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,473 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$224.03 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringMarble, Tile

Exterior

Lot Size5,702 sqft

Building Information

Year Built1920
Stories1
Garage Spaces2

Land Information

APN0150390050008
Lot Number8
SubdivisionGabert
Land UseResidential
Legal DescriptionLT 8 BLK 5 GABERT SEC 2
Census Tract511600
Assessed Land Value$142,500
Assessed Improvement Value$206,184
Assessment Year2025

About this property

An extraordinary opportunity to own this exquisite completely upgraded bungalow at the end of a VERY private street with NO through traffic. NEW roof, NEW spray foam insulation throughout, NEW blow in insulation in attic, NEW water heather, NEW water purifier/softener, NEW electrical system including NEW fuse box, NEW PEX piping in bathrooms/kitchen, NEW PVC from main line to house, NEW AC & NEW gas line. As you enter - you are welcomed by a large open living/dining combo that leads to the modern designer kitchen with custom cabinets, shelving, stainless appliances & designer backsplash/paint/flooring combo that is sure to impress! Master suite combined w/ bathroom that has been customized by a designer and finished to perfection from the oversized shower to built ins & flooring. An absolute masterpiece. Secondary bedrooms on the opposite side of home combined with second full bath feature high quality workmanship that shows with pride!

Investor Tools

Property Icon
$350,000
Estimated Property Value
$304,000Estimated Mortgage Balance
$0Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$603/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,481
$348,684
2025
$142,500
$206,184
$348,684
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,481
$348,684

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Va
$304,000
Yes
First
Apr 15, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$392,850
$15,150
3%
112%
$2,543/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,543/mo
$-821/mo
5.9%

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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440 Lenard St | Property Details | No Agent List