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$242,794

NAL Estimated Property Value

507 Heidrich St, Houston, TX, 77018

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,179 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.68 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Range, Refrigerator, Dishwasher, Oven
FlooringTile, Wood

Exterior

Lot Size11,060 sqft

Building Information

Year Built1954
Stories1
Garage Spaces2

Land Information

APN0801170000046
Lot Number46
SubdivisionKentwood Manor
Land UseResidential
Legal DescriptionLT 46 BLK D KENTWOOD MANOR
Census Tract530600
Assessed Land Value$132,720
Assessed Improvement Value$110,074
Assessment Year2025

About this property

Move-In Ready Home On a Quiet Street on The Northern Tip of Garden Oaks with a Beautiful Yard, Mature Trees, and Well-Connected to Everything in the Inner Loop! Home is 5 minutes from grocery stores, pubs, and dining such as the Kroger Center on 43rd and Plonk Wine Bar. This one-street neighborhood has a community feel, with an annual block party, and neighbors who know one another.

Investor Tools

Property Icon
$242,794
Estimated Property Value
$139,023Estimated Mortgage Balance
$103,771Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,457 /month
Positive
Cash Flow Estimate:
$486 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$245/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,722
$242,794
2025
$132,720
$110,074
$242,794
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,722
$242,794

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Credit Line (Revolving) / Heloc
$149,999
No
First
Jun 8, 2022
Jun 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$139,023
$154,977
52%
57%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$900/mo
+$822/mo
8.5%

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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507 Heidrich St | Property Details | No Agent List