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$751,338

NAL Estimated Property Value

512 Walton Street, Houston, TX, 77009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,848 Sq Ft
price_per_sqft$405.3 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Wood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1940
Stories1
Garage Spaces2

Land Information

APN0330850000001
Lot Number1
SubdivisionBrooke Smith
Land UseResidential
Legal DescriptionLT 1 BLK 19 BROOKE SMITH
Census Tract511600
Assessed Land Value$300,000
Assessed Improvement Value$451,338
Assessment Year2025

About this property

Step inside this delightful renovated home nestled in the Heights! Refurbished in 2015, this home seamlessly blends its original charm and character with contemporary conveniences. The spacious kitchen features Carrara marble countertops, a generous island with bar seating, farmhouse sink, ample storage + a large mud room! Flowing effortlessly into the living and dining areas, the open floor plan boasts abundant natural light, stunning hardwood floors, and a discreet dry bar complete with beverage fridge. The sizable primary bedroom boasts two large closets, an ensuite bath with double sinks and marble countertops, + a walk-in shower. Two additional bedrooms share a classic bathroom featuring a clawfoot tub. A vast wrap-around porch offers picturesque views of the fully fenced yard, adorned with artificial turf and surrounded by mature trees. Completing this home is an attached oversized garage with a spacious storage area tucked away at the rear + additional parking! *All Per Seller

Investor Tools

Property Icon
$751,338
Estimated Property Value
$689,231Estimated Mortgage Balance
$62,107Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,508 /month
Positive
Cash Flow Estimate:
$1,503 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,232/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,025
$751,338
2025
$300,000
$451,338
$751,338
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,025
$751,338

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$717,250
No
First
Mar 21, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$689,231
$62,107
8%
92%
$4,301/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$4,301/mo
$-2,994/mo
2.1%

Learn About the Market: Opportunity in Houston

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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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512 Walton Street | Property Details | No Agent List