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Days20Days on Market
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$1,849,000

508 Willard Street, Houston, TX, 77006

On MarketInfo
Beds5 Beds
Baths6 Bath
Baths4,097 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$451.31 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 5Bathrooms Half 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Exterior FeaturesBalcony, Outdoor Kitchen
Lot Size5,001 sqft

Building Information

Year Built1920
Stories1
Garage Spaces1

Land Information

APN0090990000007
Lot Number7
SubdivisionCave E W
Land UseResidential
Legal DescriptionLT 7 BLK 3 CAVE E W
Census Tract410502
Assessed Land Value$500,000
Assessed Improvement Value$126,775
Assessment Year2025

About this property

Niche builds homes for how people actually live, and 508 Willard is the proof. Open where it should be, private where it counts, and intentional with proportions & placement. Level One is Anchored by a kitchen that beautifully blends function and beauty. While the Second Level hosts a massive Secondary Living space, and a serenity spa inspired Primary Bed/Bath. Both floors featuring premium finishes on the inside that hold up over time, and spacious outdoor spaces that pull you outside. Then there’s Montrose - Houston’s most textured neighborhood. World class dining, independent galleries, weekend farmers markets, and nightlife that actually has a personality. It’s all within walking distance of your front door, while being on a calm & quiet street - its your portal to everything! Virtual Tour link is available, but its waiting for your in-person visit.

Investor Tools

Property Icon
$1,831,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,831,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,094 /month
Positive
Cash Flow Estimate:
$3,698 /month

Interested in this property?

Patrick Burbridge

CitiQuest Properties

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,703/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,284
$626,775
2025
$500,000
$126,775
$626,775
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,284
$626,775

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,831,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
N/A
+$1,960/mo
1.3%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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508 Willard Street | Property Details | No Agent List