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$417,000

NAL Estimated Property Value

516 Kelley St, Houston, TX, 77009

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,221 Sq Ft
price_per_sqft$349.63 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size7,950 sqft

Building Information

Year Built1940
Stories1

Land Information

APN0660630030018
Lot Number18
SubdivisionLindale Park
Land UseResidential
Legal DescriptionLT 18 & TR 19A BLK 3 LINDALE PARK SEC 1
Census Tract210600
Assessed Land Value$216,913
Assessed Improvement Value$125,901
Assessment Year2025

About this property

Beautifully renovated and meticulously restored, this one-story bungalow sits on a prime block of Kelley in sought-after Lindale Park. Situated on an interior lot, the home offers a welcoming front porch, soaring ceilings, hardwood floors, and an open-concept layout. The spacious living area flows effortlessly into a light-filled entertaining space that opens to a covered patio—perfect for indoor-outdoor living. The open dining area and chef’s kitchen feature a gas range, full pantry, and a central island for gathering. Additional highlights include: updated laundry spaces, refinished hardwood floors, a cozy fireplace, remodeled kitchen and bath, and professionally landscaped front/back yards. The oversized lot is fully fenced with a sliding gate for driveway access and includes a storage shed/workshop in the backyard. With no detail overlooked, this high-end finish seamlessly blends classic charm with modern luxury—an exceptional find in one of Lindale Park’s most coveted locations.

Investor Tools

Property Icon
$417,000
Estimated Property Value
$0Estimated Mortgage Balance
$417,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,561 /month
Positive
Cash Flow Estimate:
$854 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$235/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$729
$342,814
2025
$216,913
$125,901
$342,814
No

Tax History

Year
Tax Paid
Assessed Value
2024
$729
$342,814

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$419,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
3.8%

City: Houston

516 Kelley St | Property Details | No Agent List