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Days151Days on Market
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$2,350,000

515 W 33rd Street, Houston, TX, 77018

On MarketInfo
Beds5 Beds
Baths5 Bath
Baths5,354 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$438.92 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size13,634 sqft

Building Information

Year Built1940
Stories1
Garage Spaces2

Land Information

APN0660450080027
Lot Number27
SubdivisionGarden Oaks
Land UseResidential
Legal DescriptionLT 27 BLK 8 GARDEN OAKS SEC 1
Census Tract530200
Assessed Land Value$538,272
Assessed Improvement Value$32,043
Assessment Year2025

Investor Tools

$1,199,968Estimated Mortgage Balance
$1,126,032Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,100 /month
Positive
Cash Flow Estimate:
$4,700 /month

Interested in this property?

Michelle Reyna

The Reyna Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,214/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,944
$570,315
2025
$538,272
$32,043
$570,315
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,944
$570,315

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Joshua Wohlstein
Seller Carryback / Seller Financing / Seller Take-Back
$1,215,947
No
First
Sep 10, 2025
Sep 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,199,968
$1,126,032
48%
52%
$7,291/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$7,291/mo
$-5,569/mo
0.9%

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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