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$262,497

NAL Estimated Property Value

603 Dorchester St, Houston, TX, 77022

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,858 Sq Ft
price_per_sqft$150.7 / sqft
Year BuiltBuilt in 1946

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave
FlooringCarpet, Tile

Exterior

Lot Size16,357 sqft

Building Information

Year Built1946
Stories2
Garage Spaces5

Land Information

APN0650520050042
Lot Number42
SubdivisionBeverly Place
Land UseResidential
Legal DescriptionLT 42 BLK 5 BEVERLY PLACE
Census Tract220300
Assessed Land Value$132,770
Assessed Improvement Value$129,727
Assessment Year2025

About this property

Minutes from downtown, this 1946 home has 3 bedroom, 2 baths, situated on an oversized corner lot. A fantastic shop space with apartment attached along with a bathroom (owners are not sure it's operational as it hasn't been used in a while) and lots of overhead decked storage. The A/C was replaced in 2024. Metal roof, gas connections in the kitchen along with lots of cabinet storage. One car attached garage with an overhead door at the front of the property and a pedestrian door into both the house and the shop. Caddy corner to Herrera Elementary School which has historically had a Vanguard Magnet school Gifted and Talented program. Straight up the Hardy Toll Rd or I-45 to Bush Intercontinental Airport in less than 20 min, Downtown Houston in around 15 min and the Med Center in about 20 min. You can't beat the access to I-610N, I-45, I-69 (Hwy59) and Hardy Toll Road. Low tax rate and NO HOA.

Investor Tools

Property Icon
$262,497
Estimated Property Value
$0Estimated Mortgage Balance
$262,497Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$567/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,492
$262,497
2025
$132,770
$129,727
$262,497
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,492
$262,497

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$262,497
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
N/A
+$2,226/mo
10.2%

City: Houston

603 Dorchester St | Property Details | No Agent List