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$213,740

NAL Estimated Property Value

505 E 32nd Street 1, Houston, TX, 77018

Off MarketInfo
LeaseInfo
Beds1 Beds
Baths1 Bath
Baths550 Sq Ft
QuadruplexQuadruplex
price_per_sqft$1.09 / sqft
Year BuiltBuilt in 1940

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesElectric Oven, Microwave, Electric Range, Refrigerator
FlooringTile

Exterior

Lot Size3,001 sqft

Building Information

Year Built1940

Land Information

APN0211130000021
Lot Number21
SubdivisionIndependence Heights Annex
Land UseResidential
Legal DescriptionLT 21 BLK 43 INDEPENDENCE HEIGHTS ANNEX
Census Tract530300
Assessed Land Value$84,000
Assessed Improvement Value$129,740
Assessment Year2025

About this property

Newly remodeled 1 bedroom 1 bath unit. Nice fixtures and butcher block counter. Combo AC/Heater in living room and window AC unit in bedroom; plus refrigerator and microwave in kitchen. Unit comes with efficient, electric hot water heart. Water, trash pick-up, lawn maintenance and assigned parking spot included in monthly rent. Great location; near 610 Loop, I-45 and Hwy 290! Please note: no washer/dryer connections in unit and bedroom dimensions of 9' x 7'. Sorry, no pets. Unit is ready for move in 12/7/20.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$460/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,452
$213,740
2025
$84,000
$129,740
$213,740
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,452
$213,740

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Resource One Cu
Commercial
$140,000
No
First
Jun 29, 2017
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$114,118
$99,622
46%
53%
$840/mo

Learn About the Market: Opportunity in Houston

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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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505 E 32nd Street 1 | Property Details | No Agent List