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$474,000

NAL Estimated Property Value

501 Detering St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,372 Sq Ft
price_per_sqft$197.72 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Washer/Dryer
FlooringCarpet, Slate, Tile, Wood

Exterior

Exterior FeaturesFront Yard, Side Green Space, Sprinkler System
Lot Size2,134 sqft

Building Information

Year Built1999
Stories3
Garage Spaces2

Land Information

APN0511070100027
SubdivisionDetering H E
Land UseResidential
Legal DescriptionTR 8C BLK 10 DETERING H E
Census Tract510801
Assessed Land Value$233,358
Assessed Improvement Value$237,337
Assessment Year2025

About this property

A prime investment opportunity in a highly sought-after location. RARE Yard + Additional Parking! Located in the heart of Rice Military, in the coveted quadrant walking distance to Memorial Park! This stunning home, on a corner lot, offers 3 bedrooms and 3.5 bathrooms and has been meticulously cared for by it's original owner. It showcases beautiful windows, tall ceilings, and hard-to-find features at this price point -- NO HOA and an oversized beautifully landscaped yard. This home offers walkability to Houston's Memorial Park, stunning Brenner's on the Bayou and so much more. With its ideal location, this home provides easy access to Downtown, the Energy Corridor, the Medical Center, the Galleria, and some of Houston’s best restaurants and entertainment venues. Updates to note: interior paint ('26), recent HVAC systems, tankless water heater, SS appliances. Never flooded. This home is quintessential Rice Military living at it's finest. *Per Seller

Investor Tools

Property Icon
$474,000
Estimated Property Value
$43,549Estimated Mortgage Balance
$430,451Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,844 /month
Positive
Cash Flow Estimate:
$948 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$353/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,869
$470,695
2025
$233,358
$237,337
$470,695
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,869
$470,695

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Allied Mtg Capital Corp
N/A
$210,000
N/A
First
Jun 30, 2000
Jul 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$43,549
$430,451
90%
9%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
N/A
+$2,580/mo
6.5%

City: Houston

501 Detering St | Property Details | No Agent List