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Owner Contacts

$826,500

NAL Estimated Property Value

613 W 16 Street, Houston, TX, 77008

Off Market

2 Beds

1 Bath

1,028 Sq Ft

$510.7 / sqft

Built in 1920

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesDisposal, Oven, Free-Standing Range, Gas Range, Dishwasher, Dryer, Refrigerator, Washer

Exterior

Lot Size6,551 sqft

Building Information

Year Built1920

Stories1

Garage Spaces2

Land Information

APN0201240000041

Lot Number41,42

SubdivisionHouston Heights

Land UseResidential

Legal DescriptionLTS 41 & 42 BLK 128 HOUSTON HEIGHTS

Census Tract511301

Assessed Land Value$622,250

Assessed Improvement Value$204,250

Assessment Year2025

About this property

Lovingly updated 1920 bungalow with huge yard in a fantastic Heights location just down the road from the Heights Hike & Bike Trail and close to shopping and dining along both 19th and N. Shepherd. Recent updates include fresh white paint (inside & out) and new contemporary light fixtures and ceiling fans. Sizable kitchen boasts all stainless steel appliances, butcher block counters, breakfast bar seating, and a nice view out to the backyard. Back deck overlooking the generous fenced greenspace and oversized two-car garage is accessible via both the kitchen and back bedroom. Features like a clawfoot tub, beadboard trim, hardwood floors, and period style tile ensure this home retains plenty of its vintage charm.

Investor Tools

$826,500

Estimated Property Value

$439,773Estimated Mortgage Balance

$386,727Estimated Equity

46% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,959 /month

Positive

Cash Flow Estimate:

$1,653 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,196/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,215

$826,500

2025

$622,250

$204,250

$826,500

Tax History

Year

Tax Paid

Assessed Value

2024

$10,215

$826,500

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Theodore L Goris Etux

Conventional

$495,000

First

Aug 19, 2020

Sep 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$439,773

$386,727

46%

53%

$2,968/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,690/mo

$2,968/mo

$-1,278/mo

2.5%

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