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$612,000

NAL Estimated Property Value

511 Peden St, Houston, TX, 77006

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,140 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$506.58 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringTile, Wood

Exterior

Lot Size4,352 sqft

Building Information

Year Built1930

Land Information

APN0541760000007
Lot Number7
SubdivisionAvon Place
Land UseResidential
Legal DescriptionLT 7 BLK 2 AVON PLACE
Census Tract410502
Assessed Land Value$491,550
Assessed Improvement Value$103,278
Assessment Year2025

About this property

Charming 2-bed, 1-bath cottage in a prime location! This beautifully maintained single-family home, currently used as an office, sits on a wide street with easy access to Allen Parkway, downtown, and River Oaks shopping. The open floor plan seamlessly blends the kitchen, living, and dining areas, creating a bright and inviting space. A private gated driveway offers convenience, while the spacious backyard provides endless possibilities for outdoor enjoyment. Surrounded by newer construction homes, this property is a fantastic opportunity—live in now or build your dream home in this highly desirable neighborhood!

Investor Tools

Property Icon
$612,000
Estimated Property Value
$455,929Estimated Mortgage Balance
$156,071Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,672 /month
Positive
Cash Flow Estimate:
$1,224 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,256/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,010
$594,828
2025
$491,550
$103,278
$594,828
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,010
$594,828

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationstar Mortgage Llc
Conventional
$462,000
No
First
Aug 29, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$455,929
$150,071
24%
74%
$2,770/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$2,770/mo
$-810/mo
3.8%

City: Houston

511 Peden St | Property Details | No Agent List