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$644,000

NAL Estimated Property Value

627 E 12th Street E B, Houston, TX, 77008

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,669 Sq Ft
price_per_sqft$263.03 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Washer/Dryer
FlooringCarpet, Wood

Exterior

Lot Size3,219 sqft

Building Information

Year Built1985
Stories2
Garage Spaces2

Land Information

APN0350180340024
Lot Number24
SubdivisionStude
Land UseResidential
Legal DescriptionLT 24 & TR 25A BLK 34 STUDES SEC 2
Census Tract511302
Assessed Land Value$289,620
Assessed Improvement Value$179,707
Assessment Year2025

About this property

Don’t miss this rare opportunity for a sizable yard in a prime Houston Heights location (near the dining hot spot around Studewood & 11th) for under $450K! Large family room boasts a high ceiling and fireplace. Kitchen features stainless steel appliances as well as generous storage and counter space. Versatile second-floor loft could be used in a variety of ways depending on your needs (office, workout space, game room). Primary suite includes a spacious bedroom with a vaulted ceiling, a walk-in closet, and a bath with dual sinks, shower, and separate tub. The home’s interior is a clean slate waiting for your personal touches. Field & Tides, Maison Pucha, Someburger, Boil House, Red Dessert Dive, A 2nd Cup, Bellagreen, Buchanan’s, and so many more local favorites are within a few blocks.

Investor Tools

Property Icon
$644,000
Estimated Property Value
$321,696Estimated Mortgage Balance
$322,304Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,864 /month
Positive
Cash Flow Estimate:
$1,288 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$857/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,063
$469,327
2025
$289,620
$179,707
$469,327
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,063
$469,327

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Internet Mortgage Inc
Conventional
$344,000
No
First
Nov 18, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$321,696
$322,304
50%
50%
$2,063/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$2,063/mo
$-373/mo
3.1%

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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627 E 12th Street E B | Property Details | No Agent List