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32Days on Market

1view

$480,000

508 Canadian Street, Houston, TX, 77009

On Market

3 Beds

2 Bath

1,750 Sq Ft

Single Family Residence

$274.29 / sqft

Built in 1940

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Refrigerator, Cooktop

FlooringTile, Wood

Exterior

Lot Size6,177 sqft

Building Information

Year Built1940

Stories1

Garage Spaces2

Land Information

APN0660640280020

Lot Number21

SubdivisionLindale Park

Land UseResidential

Legal DescriptionLT 21 & TR 20 BLK 26 LINDALE PARK SEC 3

Census Tract210600

Assessed Land Value$187,181

Assessed Improvement Value$283,861

Assessment Year2025

About this property

Beautifully remodeled in the heart of Lindale Park, this Inner Loop home blends timeless charm with extensive modern updates. The open-concept kitchen is a standout feature with updated cabinetry, quartz countertops, stainless steel appliances, and a large island with seating, perfect for entertaining and everyday living. The spacious primary suite offers a beautifully updated bath with an oversized walk-in shower. Major improvements provide peace of mind, including a new roof installed in July 2024, Low-E energy-efficient windows, updated PEX plumbing, complete electrical rewiring with updated panel, reinforced foundation, updated HVAC systems with ductwork, and a recently built oversized attached garage. Situated on a wide street with ample additional parking, the property also features a pergola-covered patio and mature shade trees for relaxing outdoor living. Conveniently located near Downtown Houston, the Medical Center, The Heights, METRORail, and major freeways. See update list

Investor Tools

$88,696Estimated Mortgage Balance

$382,346Estimated Equity

81% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,880 /month

Positive

Cash Flow Estimate:

$960 /month

Interested in this property?

Stephen Hallmark

Berkshire Hathaway HomeServices Premier Properties

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$782/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,030

$471,042

2025

$187,181

$283,861

$471,042

Tax History

Year

Tax Paid

Assessed Value

2024

$7,030

$471,042

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Nations Reliable Lending Llc

Conventional

$240,600

First

Aug 25, 2015

Sep 2030

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$88,696

$382,346

81%

19%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

N/A

+$1,722/mo

4.4%

Learn About the Market: Opportunity in Houston

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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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