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Days77Days on Market
Views1view
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$189,000

707 E 42nd Street, Houston, TX, 77022

On MarketInfo
Baths0 Bath
Baths1,105 Sq Ft

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
HeatingHeating

Exterior

Lot Size5,667 sqft

Building Information

Year Built1954
Stories1

Land Information

APN0610560320044
Lot Number44
SubdivisionWhitney Place
Land UseResidential
Legal DescriptionLT 44 BLK B WHITNEY PLACE SEC 3
Census Tract530400
Assessed Land Value$143,978
Assessed Improvement Value$29,942
Assessment Year2025

About this property

Location within minutes of Downtown Houston, Heights and Garden Oaks submarkets. Property being sold for LOT value only. House on the lot is a teardown.

Investor Tools

Property Icon
$197,000
Estimated Property Value
$0Estimated Mortgage Balance
$197,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,182 /month
Positive
Cash Flow Estimate:
$394 /month

Interested in this property?

Johanna Abad

Tommy Ruland Properties, Inc

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$379/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,558
$173,920
2025
$143,978
$29,942
$173,920
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,558
$173,920

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$197,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
10.5%

Learn About the Market: Opportunity in Houston

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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.

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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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707 E 42nd Street | Property Details | No Agent List