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$535,000

NAL Estimated Property Value

4605 Michaux St, Houston, TX, 77009

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,082 Sq Ft
price_per_sqft$475.97 / sqft
Year BuiltBuilt in 1926

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Free-Standing Range, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1926
Stories1
Garage Spaces2

Land Information

APN0620940000016
Lot Number16
SubdivisionNorth Norhill
Land UseResidential
Legal DescriptionLT 16 BLK 115 NORTH NORHILL
Census Tract511400
Assessed Land Value$450,000
Assessed Improvement Value$56,000
Assessment Year2025

About this property

Charming historic North Norhill bungalow with converted garage space, which is currently a wonderful air-conditioned studio. Upgraded kitchen with butcher block counters, stainless refrigerator, gas range, abundant storage. Gleaming hardwood floors throughout this light-filled home. Recent solar powered automatic gate opens up to the long driveway. Large backyard with room for patio/pool. Deep front porch to sit and admire your gorgeous old oak tree. Home has enjoyed great Airbnb income in the past and could easily be enhanced by adding bathroom in studio. Easy access to all the Heights has to offer. Plus all of the fun of nearby Montie Beach Park (sports fields, tennis courts, splashpad, playground)

Investor Tools

Property Icon
$535,000
Estimated Property Value
$0Estimated Mortgage Balance
$535,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,210 /month
Positive
Cash Flow Estimate:
$1,070 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$810/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,039
$506,000
2025
$450,000
$56,000
$506,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,039
$506,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$569,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
2.9%

City: Houston

4605 Michaux St | Property Details | No Agent List