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$498,000

NAL Estimated Property Value

708 Louise Street, Houston, TX, 77009

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,642 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$170.21 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Cooktop, Gas Range, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer, Oven, Refrigerator
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,498 sqft

Building Information

Year Built2020
Garage Spaces1

Land Information

APN1502650010002
Lot Number2
Land UseResidential
Legal DescriptionLT 2 BLK 1 NORTHWOOD STREET PARK SEC 2
Census Tract511600
Assessed Land Value$97,500
Assessed Improvement Value$332,006
Assessment Year2025

About this property

Move-in Ready! 708 Louise Street features a distinct 3 level residence situated within historic Brooke Smith by coveted, City Choice Homes, located just minutes from the Heights & the new Farmers Market. The home showcases a timeless aesthetic across 3 levels with 3 bedrooms, 3.5 baths & privatized yard space. Enter the foyer to a grand stair-hall leading to an oversized en-suite guest rm with walk-in closet. Ascend to the 2nd level boasting a generous Great Room spanning over 40’ opening to an oversized balcony & an island kitchen outfitted with top tier appliances, shaker cabinetry & quartz countertops. 3rd level: Owners suite & en-suite guest room. Owners wing features 12’ ceilings & massive walk-in closet with built-ins. Owners bath consists of a freestanding soaking tub, paneled shower & dual vanities finished with select plumbing fixtures. Swiss flooring throughout home, all en-suite bedrooms, private front-loading driveway with covered porte-cachere.

Investor Tools

Property Icon
$498,000
Estimated Property Value
$383,061Estimated Mortgage Balance
$114,939Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,988 /month
Positive
Cash Flow Estimate:
$996 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$826/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,428
$429,506
2025
$97,500
$332,006
$429,506
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,428
$429,506

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$415,580
No
First
Mar 17, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$383,061
$114,939
23%
77%
$2,492/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,492/mo
$-770/mo
4.1%

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.

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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708 Louise Street | Property Details | No Agent List