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$418,000

503 Kelley St, Houston, TX, 77009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,585 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$239.12 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size5,301 sqft

Building Information

Year Built1930
Garage Spaces1

Land Information

APN0660630020051
Lot Number26
SubdivisionLindale Park
Land UseResidential
Legal DescriptionLT 26 BLK 2 LINDALE PARK SEC 1
Census Tract210600
Assessed Land Value$129,394
Assessed Improvement Value$248,890
Assessment Year2025

About this property

Originally built in 1930, this charming historic home has been lovingly restored by The Ashbury Construction Company. You won't find another home with this level of custom details at this remarkable price. Enjoy custom tile work & designer finishes, including on-trend matte black & brass hardware. This spacious home is situated on a 5,000 square foot corner lot & features 3 bedrooms & 2 bathrooms with open living spaces across kitchen, living, & dining. The front bedroom is truly a work of art, with a designer lacquered finish, & can be utilized as a home office. At the back of the home, you will find a convenient breakfast room that can also serve as a mudroom & laundry room with full washer & dryer connections. There is no shortage of storage with spacious walk-in closets, a huge decked attic space, & a separate garage studio space with additional bathroom, not included in the square footage. This unbeatable location is just a stone's throw from the Heights & minutes from Downtown!

Investor Tools

Property Icon
$418,000
Estimated Property Value
$0Estimated Mortgage Balance
$418,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,508 /month
Positive
Cash Flow Estimate:
$836 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$661/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,843
$378,284
2025
$129,394
$248,890
$378,284
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,843
$378,284

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$428,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
4.9%

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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503 Kelley St | Property Details | No Agent List