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$407,990

NAL Estimated Property Value

602 E 39th St, Houston, TX, 77022

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,761 Sq Ft
price_per_sqft$231.68 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size2,387 sqft

Building Information

Year Built2022

Land Information

APN1455410010001
Lot Number1
Land UseResidential Single Family
Legal DescriptionLT 1 BLK 1 SIX O TWO EAST THIRTY NINE STREET LLC
Census Tract530300
Assessed Land Value$66,864
Assessed Improvement Value$341,126
Assessment Year2025

About this property

CORNER LOT CONSISTING OF 2 LOTS EACH 25' X 120' PER HCAD. GREAT OPPORTUNITY TO BUILD YOUR DREAM HOME OR SUB DIVIDE FOR NEW CONSTRUCTION.

Investor Tools

Property Icon
$407,990
Estimated Property Value
$376,469Estimated Mortgage Balance
$31,521Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,448 /month
Positive
Cash Flow Estimate:
$816 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$871/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,414
$407,990
2025
$66,864
$341,126
$407,990
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,414
$407,990

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Calcon Mutual Mortgage Llc
Fha
$391,773
Yes
First
Mar 8, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$376,469
$31,521
7%
92%
$2,349/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,349/mo
$-627/mo
5.1%

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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602 E 39th St | Property Details | No Agent List