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Days55Days on Market
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$765,000

541 W 18th Street, Houston, TX, 77008

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,228 Sq Ft
price_per_sqft$622.96 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringWood

Exterior

Lot Size6,551 sqft

Building Information

Year Built1940
Stories1
Garage Spaces1

Land Information

APN0200950000027
Lot Number27,28
SubdivisionHouston Heights
Land UseResidential
Legal DescriptionLTS 27 & 28 BLK 99 HOUSTON HEIGHTS
Census Tract511301
Assessed Land Value$622,250
Assessed Improvement Value$106,756
Assessment Year2025

About this property

Tucked into a highly sought-after neighborhood, this property offers an opportunity to create something truly special. Set on a generous lot surrounded by mature trees and established homes, the location alone makes it a standout—close to top-rated schools, vibrant dining, shopping, and easy commuter access. The existing home is ready for transformation, making it ideal for buyers with vision. Whether you’re looking to renovate and restore its character or start fresh with a custom build, the possibilities here are wide open. With solid bones and an open layout, it could be reimagined into a modern showpiece, or the lot itself provides the perfect canvas for new construction in an area where demand continues to rise. Don't miss your chance to invest in a prime location and shape a home to your exact taste. Whether you’re a homeowner, builder, or investor, this property is all about potential.

Investor Tools

$56,785Estimated Mortgage Balance
$728,215Estimated Equity
92% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,710 /month
Positive
Cash Flow Estimate:
$1,570 /month

Interested in this property?

Lanette Martinez

Haus Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,476/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,788
$729,006
2025
$622,250
$106,756
$729,006
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,788
$729,006

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Encore Bank Na
Unknown
$147,600
No
First
Mar 31, 2004
Apr 2019

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$56,785
$728,215
92%
7%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
N/A
+$1,420/mo
2.2%

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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541 W 18th Street | Property Details | No Agent List