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$696,000

NAL Estimated Property Value

542 Allston St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,156 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$243.51 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Refrigerator
FlooringStone, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,472 sqft

Building Information

Year Built2015
Garage Spaces1

Land Information

APN1299980010005
Lot Number5
Land UseResidential
Legal DescriptionLT 5 BLK 1 ALLSTON HOUSTON HEIGHTS 2ND R/P
Census Tract510500
Assessed Land Value$147,200
Assessed Improvement Value$373,771
Assessment Year2025

About this property

A great opportunity to own a recent construction townhome in one of the best locations in the Heights. Walk to Heights Mercantile and M-K-T Heights, steps away from the Heights Hike and Bike Trail and easy I10 access. Have a pet? There's a wonderful dog park about a minute's walk away. This freestanding townhome is owned by the actual builder who built this entire community of townhomes. The home features high ceilings, extensive moldings, lovely oak wood floors throughout (except Travertine tile in 1st floor bedroom and hallway), abundant natural light, a modern kitchen with white cabinetry, granite countertops, Kitchen Aid Architect Series appliances and farmhouse metal sink. The contemporary primary bath has a stand alone tub and double sinks. Office nook outside the primary bedroom and a laundry area where you need it to be. Private patio and balcony. All per seller.

Investor Tools

Property Icon
$696,000
Estimated Property Value
$436,320Estimated Mortgage Balance
$259,680Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,176 /month
Positive
Cash Flow Estimate:
$1,392 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$971/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,167
$520,971
2025
$147,200
$373,771
$520,971
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,167
$520,971

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$476,900
No
First
Nov 16, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$436,320
$333,680
43%
63%
$2,860/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,610/mo
$-1,030/mo
4.4%

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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542 Allston St | Property Details | No Agent List