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$262,000

NAL Estimated Property Value

509 Hoffman St, Houston, TX, 77020

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$220.83 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringLaminate, Tile, Vinyl

Exterior

Lot Size6,251 sqft

Building Information

Year Built1940
Stories1
Garage Spaces1

Land Information

APN0120830000005
Lot Number5,6
SubdivisionDenver
Land UseResidential
Legal DescriptionLTS 5 & 6 BLK 81 DENVER
Census Tract211600
Assessed Land Value$112,500
Assessed Improvement Value$25,255
Assessment Year2025

About this property

Completely reimagined and move in ready, this stunning home blends modern design with everyday comfort just minutes from Downtown Houston.Thoughtfully rebuilt from top to bottom,it offers the perfect combination of style, functionality, and convenience. From the inviting front porch to the private fenced yard, every detail was designed to feel like home.Step inside to a bright open concept layout filled with natural light,and contemporary touches throughout. The kitchen features abundant cabinetry, a lazy susan, built in spice rack, pull out trash cabinet, and plenty of storage space.Enjoy peace of mind with major updates including a new roof, HVAC system, driveway, and numerous improvements throughout. The backyard offers endless possibilities for entertaining,gardening,pets, or future additions.Conveniently located major freeways,shopping,dining,and entertainment,this exceptional home has what you been searching for. Schedule your private showing today.

Investor Tools

Property Icon
$262,000
Estimated Property Value
$128,676Estimated Mortgage Balance
$133,516Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$277/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$137,755
2025
$112,500
$25,255
$137,755
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$137,755

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Scf Jake Lp
Unknown
$130,000
No
First
Nov 6, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$128,676
$133,324
50%
49%
$780/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$780/mo
+$527/mo
6.0%

City: Houston

509 Hoffman St | Property Details | No Agent List