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$544,000

601 W 10th St, Houston, TX, 77008

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths952 Sq Ft
Year BuiltBuilt in 1925

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size4,478 sqft

Building Information

Year Built1925
Stories1
Garage Spaces2

Land Information

APN0202070000017
SubdivisionHouston Heights
Land UseResidential
Legal DescriptionTRS 17 & 18 BLK 211 HOUSTON HEIGHTS
Census Tract510500
Assessed Land Value$448,000
Assessed Improvement Value$129
Assessment Year2025

About this property

This cleared Houston Heights lot at the NW corner of 10th and Ashland is ready to build on! Two large oak trees grace the front of the property on 10th Street. The installation of storm sewer lines, water lines, pavement, curb replacement and sanitary sewer utilities and hookups are all part of City of Houston Capital Improvement Plan on Ashland Street that will widen the street and include curbs and gutters. Work will be completed in 2025. Please confirm the latest with the Houston Public Works Department. Live close to all the Houston Heights has to offer with great dining, retail, walking and bike trails. Build on this well-located corner lot!

Investor Tools

Property Icon
$544,000
Estimated Property Value
$982,000Estimated Mortgage Balance
$0Estimated Equity
-81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,414 /month
Positive
Cash Flow Estimate:
$1,138 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,008/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,376
$448,129
2025
$448,000
$129
$448,129
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,376
$448,129

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Open End Mortgage / Open End With Future Advance Clause
$432,000
No
First
Oct 27, 2025
Oct 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,404,775
N/A
0%
258%
$8,555/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$8,555/mo
$-6,865/mo
3.7%

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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601 W 10th St | Property Details | No Agent List