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$1,152,000

NAL Estimated Property Value

507 Martin St, Houston, TX, 77018

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,188 Sq Ft
price_per_sqft$1,009.26 / sqft
Year BuiltBuilt in 1947

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size43,386 sqft

Building Information

Garage Spaces1

Land Information

APN0580890000054
Lot Number54
SubdivisionYale Street Acres
Land UseResidential
Legal DescriptionLT 54 YALE STREET ACRES SEC 1
Census Tract530600
Assessed Land Value$1,019,524
Assessment Year2025

About this property

1 acre lot in an excellent developing location without restrictions! Seconds away from Shepherd and Thornton, where multiple developers are already building new communities for the expanding area. Only minutes away from 610 loop and 45. Its located in booming Independence Heights/ Yale Street Acres. Can be used for both commercial or residential development.

Investor Tools

Property Icon
$1,152,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,152,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,194 /month
Positive
Cash Flow Estimate:
$2,398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,216/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,832
$1,019,524
2025
$1,019,524
N/A
$1,019,524
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20,832
$1,019,524

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,176,000
100%
0%
$0/mo

City: Houston