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$223,000

NAL Estimated Property Value

514 Heysham St, Houston, TX, 77013

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,802 Sq Ft
price_per_sqft$110.93 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,599 sqft

Building Information

Year Built1960

Land Information

APN0931610000050
Lot Number50
SubdivisionSongwood
Land UseResidential
Legal DescriptionLT 50 BLK 2 SONGWOOD SEC 2
Census Tract232600
Assessed Land Value$33,000
Assessed Improvement Value$163,101
Assessment Year2025

About this property

Charming, recently renovated home situated on a Texas-size lot conveniently located w/ quick access to US 90, I-10, 610 FWY, & only a few minutes away from Herman Brown Park. Once inside you are welcomed by an open floor plan featuring fresh paint, new tile flooring, spacious rooms, & tons of natural light throughout. The large formal dining/ home office & living space w/ a gas fireplace & half bath flows into the open breakfast area & beautifully updated kitchen featuring white quartz counters, new dishwasher, tile backsplash, ample cabinet storage, and a large laundry room. The spacious 1st-floor primary suite includes vinyl flooring & an updated en-suite bath. Upstairs offers 2 generously sized bedrooms w/ on-trend paint accents, lush carpeting, & an updated full bath. Don't forget to check out the fully fenced, Texas-size backyard with large shade trees and plenty of space to add a pool & playset.

Investor Tools

Property Icon
$223,000
Estimated Property Value
$178,159Estimated Mortgage Balance
$44,841Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,338 /month
Positive
Cash Flow Estimate:
$446 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$288/month
$20/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,343
$196,101
2025
$33,000
$163,101
$196,101
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,343
$196,101

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$194,000
No
First
Jan 11, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,159
$46,841
20%
80%
$1,164/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,184/mo
+$538/mo
9.3%

City: Houston

514 Heysham St | Property Details | No Agent List