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$131,485

NAL Estimated Property Value

4505 Perry Street, Houston, TX, 77021

$138,670 ARVInfo
SoldInfo
6/17/26
Beds2 Beds
Baths1 Bath
Baths888 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.01 / sqft
Year BuiltBuilt in 1942

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating

Exterior

Lot Size6,599 sqft

Building Information

Year Built1942
Stories1
Garage Spaces1

Land Information

APN0691060080029
Lot Number29
SubdivisionSouthern Village
Land UseResidential
Legal DescriptionLT 29 BLK 8 SOUTHERN VILLAGE SEC 2
Census Tract313400
Assessed Land Value$98,600
Assessed Improvement Value$32,885
Assessment Year2025

About this property

Investor Special – Massive Equity Potential Near Downtown! Calling all renovators and savvy investors! This 2-bedroom, 1-bathroom "handyman special" is the perfect canvas for your next flip or long-term rental. Located just minutes from the heart of Downtown Houston, the Medical Center, and major universities, this property offers unbeatable location value. The home features a solid footprint and is ready for a full custom renovation to maximize its ARV (After Repair Value).

Investor Tools

Property Icon
$131,485
Estimated Property Value
$9,743Estimated Mortgage Balance
$121,742Estimated Equity
92% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$138,670
Rent-to-Value Ratio: 0.72%
Rent Estimate
$789 /month
Positive
Cash Flow Estimate:
$263 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$284/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,751
$131,485
2025
$98,600
$32,885
$131,485
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,751
$131,485

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
John K Tyler
N/A
$14,301
N/A
First
Aug 14, 2012
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$9,743
$121,742
92%
7%
$86/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$86/mo
+$1,221/mo
11.9%

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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4505 Perry Street | Property Details | No Agent List