Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$635,658

NAL Estimated Property Value

508 Walton St, Houston, TX, 77009

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,307 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$458.3 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Wood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1950
Garage Spaces1

Land Information

APN0330850000003
Lot Number3
SubdivisionBrooke Smith
Land UseResidential
Legal DescriptionLT 3 BLK 19 BROOKE SMITH
Census Tract511600
Assessed Land Value$300,000
Assessed Improvement Value$335,658
Assessment Year2025

About this property

Welcome to the best of Brooke Smith! Enjoy the charm of a period Craftsman bungalow with all the modern coveniences of recent construction: primary en-suite bedroom with walk-in shower, freshly painted interior & exterior, completely refinished pine floors, stainless appliances and more. The open concept living/dining area creates the perfect space to relax with family & friends. Enjoy the option of two great outdoor spaces from the spacious front porch to the generously sized backyard appointed with the warm glow of patio lights and room for a pool. The decked out converted garage apartment would be perfect for out of town quests, in-laws, or as a rental income producing opportunity. Conveniently located near restaurants, parks, & the newly re-imagined Houston Heights Farmers Market on Airline offering Chris Shepherd restaurants this location provides all the conveniences that living in The Heights has to offer.

Investor Tools

Property Icon
$635,658
Estimated Property Value
$510,189Estimated Mortgage Balance
$125,469Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,814 /month
Positive
Cash Flow Estimate:
$1,271 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,328/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,753
$635,658
2025
$300,000
$335,658
$635,658
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,753
$635,658

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Secure Financial Services Inc
Conventional
$553,500
No
First
Mar 25, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$510,189
$125,469
19%
80%
$3,319/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$3,319/mo
$-2,012/mo
2.5%

Learn About the Market: Opportunity in Houston

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

508 Walton St | Property Details | No Agent List