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$689,000

506 Aurora St, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,040 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$291.67 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringStone, Wood

Exterior

Exterior FeaturesBalcony
Lot Size3,001 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN0350950500007
Lot Number7
SubdivisionSunset Heights
Land UseResidential
Legal DescriptionLT 7 BLK 50 SUNSET HEIGHTS
Census Tract511502
Assessed Land Value$240,000
Assessed Improvement Value$360,836
Assessment Year2025

About this property

This is a beautifully maintained Victorian home with traditional Heights Character. Home features first floor living with formal living and dining in addition to a more casual den and breakfast nook opening to kitchen, creating a great flow for entertaining. Kitchen features SS appliances, granite countertops, and an island with wine storage rack. Upstairs spacious bedrooms have ample closet space. Gleaming wood floors throughout (tile in bathrooms). Covered front and back porches in addition to the balcony off primary bedroom add great outdoor space. Spacious back-alley 2-car garage with custom shelving. Convenient access to hike and bike trails and within walking distance of local coffee shops and restaurants. Ready for immediate move-in….Call it HOME!

Investor Tools

Property Icon
$689,000
Estimated Property Value
$574,750Estimated Mortgage Balance
$159,224Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,134 /month
Positive
Cash Flow Estimate:
$1,378 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,034/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,963
$600,836
2025
$240,000
$360,836
$600,836
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,963
$600,836

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bwc Mortgage Services
Conventional
$574,750
No
First
Mar 4, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$529,776
$172,224
24%
77%
$3,446/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$3,446/mo
$-1,216/mo
3.9%

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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506 Aurora St | Property Details | No Agent List