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$143,000

503 Coral St, Houston, TX, 77023

Off MarketInfo
Baths0 Bath
Year BuiltBuilt in 1949

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size12,166 sqft

Building Information

Year Built1949
Stories1

Land Information

APN0660720120104
SubdivisionMason Park Terrace
Land UseResidential
Legal DescriptionTR 104 MASON PARK TERRACE SEC F
Census Tract311200
Assessed Land Value$123,655
Assessed Improvement Value$1,092
Assessment Year2025

About this property

Situated in the heart of Mason Park Terrace, Houston's rapidly developing East End District, this spacious lot offers a prime land investment opportunity for building your dream home. With easy access to I-45 and the 610 Loop, as well as being walking distance from Mason Park, this location is perfect for enjoying green spaces and recreational activities. Less than 15 minutes from Downtown Houston, University of Houston, and the Medical Center, this thriving neighborhood is full of potential. Don't miss out on the chance to create your own oasis in this desirable location! Unrestricted Lot with Survey and Elevation Certificate Available.

Investor Tools

Property Icon
$143,000
Estimated Property Value
$0Estimated Mortgage Balance
$143,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$900 /month
Positive
Cash Flow Estimate:
$300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$277/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,610
$124,747
2025
$123,655
$1,092
$124,747
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,610
$124,747

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$147,000
100%
0%
$0/mo

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.

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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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503 Coral St | Property Details | No Agent List