0Days on Market

4view

$889,000

531 W 33rd St, Houston, TX, 77018

On Market

Just Added

3 Beds

2 Bath

1,871 Sq Ft

Single Family Residence

$475.15 / sqft

Built in 1940

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Double Oven, Microwave, Electric Cooktop, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Lot Size16,527 sqft

Building Information

Year Built1940

Stories1

Garage Spaces1

Land Information

APN0660450080023

Lot Number23

SubdivisionGarden Oaks

Land UseResidential

Legal DescriptionLT 23 BLK 8 GARDEN OAKS SEC 1

Census Tract530200

Assessed Land Value$599,004

Assessed Improvement Value$118,314

Assessment Year2025

About this property

Welcome to the heart of Garden Oaks! Situated on one of the largest lots in the neighborhood, this charming 3-bedroom, 2-bath home offers a rare opportunity to enjoy today while planning for tomorrow. The home is move-in ready with comfortable living spaces, two covered patios perfect for relaxing or entertaining, and a huge backyard with endless possibilities. Whether you’re looking for a place to call home, an investment property, or the ideal site to build your custom dream home, this property delivers unmatched flexibility. Enjoy the convenience of being just minutes from Houston’s premier dining, shopping, parks, entertainment, and major highways while living in one of the city’s most sought-after neighborhoods. Live in it today. Build your dream home tomorrow. Opportunities like this on an oversized Garden Oaks lot are few and far between!

Investor Tools

$63,304Estimated Mortgage Balance

$715,696Estimated Equity

91% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,334 /month

Positive

Cash Flow Estimate:

$1,778 /month

Interested in this property?

Gina Wesneske

Zuri Properties

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$687/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,344

$717,318

2025

$599,004

$118,314

$717,318

Tax History

Year

Tax Paid

Assessed Value

2024

$4,344

$717,318

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Fieldstone Mortgage Co

Stand Alone First / Home Equity First Lien

$140,000

First

Feb 10, 2006

Mar 2021

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$63,304

$715,696

91%

$840/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$840/mo

+$882/mo

2.7%

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.

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