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$383,803

NAL Estimated Property Value

509 Schweikhardt St, Houston, TX, 77020

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths1,778 Sq Ft
price_per_sqft$199.61 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher

Exterior

Lot Size1,498 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN1443850010014
Lot Number14
Land UseResidential
Legal DescriptionLT 14 BLK 1 EDMUND VIEWS
Census Tract211400
Assessed Land Value$67,500
Assessed Improvement Value$316,303
Assessment Year2025

About this property

In the flourishing area of East Downtown lies The Schweikhardt Collection. The Schweikhardt Collection is within walking distance from Midway's East River Project. These single-family homes offer contemporary designs and hand-selected finishes by Topaz Homes. The development has 7 unique floor plans. Each home features an open concept living/dining/kitchen area perfect for an urban lifestyle. Enjoy the oversized roof deck space for nights of entertainment. Schedule a showing to the newest Topaz Homes community.

Investor Tools

Property Icon
$383,803
Estimated Property Value
$291,491Estimated Mortgage Balance
$92,312Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,303 /month
Positive
Cash Flow Estimate:
$768 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$681/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,253
$383,803
2025
$67,500
$316,303
$383,803
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,253
$383,803

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$304,840
No
First
Dec 29, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$291,491
$92,312
24%
76%
$1,828/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,828/mo
$-106/mo
5.4%

Learn About the Market: Opportunity in Houston

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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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