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Owner Contacts

$618,000

NAL Estimated Property Value

713 Usener St, Houston, TX, 77009

Off Market

2 Beds

2 Bath

1,180 Sq Ft

$538.14 / sqft

Built in 1920

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Gas Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator

FlooringLaminate, Tile

Exterior

Lot Size4,400 sqft

Building Information

Year Built1920

Stories1

Garage Spaces1

Land Information

APN0611830100014

Lot Number14

SubdivisionWoodland Terrace

Land UseResidential

Legal DescriptionLT 14 BLK 10 WOODLAND TERRACE

Census Tract510301

Assessed Land Value$440,000

Assessed Improvement Value$109,278

Assessment Year2025

About this property

Charming Heights Bungalow with Historic Soul & Modern Style! Nestled in the heart of the Houston Heights, this 2b/2ba home blends historic character with thoughtful updates & tasteful design. Zoned to top-rated Travis Elementary & just minutes from Downtown. Walk to White Oak’s vibrant shops, bars & restaurants nearby! Close to the hike & bike trail! Inside, wood floors, a curved accent wall & brass hardware adds warmth and personality. So charming & cozy! The open layout offers a welcoming flow & stacked laundry is cleverly tucked behind the kitchen for ease & efficiency. Bedrooms have an abundance of natural light, the primary has great closet space! The primary bath has a walk-in stand shower & modern door, the other with a clawfoot tub & plenty of space. All new pex plumbing, electrical, insulation! Home was taken down to the studs and completely renovated in 2018/2019. Newer AC Trane AC unit, all windows are new aside from the front three facing the street in the living room.

Investor Tools

$618,000

Estimated Property Value

$324,298Estimated Mortgage Balance

$293,702Estimated Equity

47% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,810 /month

Positive

Cash Flow Estimate:

$1,270 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$926/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,020

$549,278

2025

$440,000

$109,278

$549,278

Tax History

Year

Tax Paid

Assessed Value

2024

$8,020

$549,278

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$376,000

First

Jun 29, 2019

Jul 2049

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$324,298

$296,702

47%

52%

$2,255/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$2,255/mo

$-948/mo

2.5%

Learn About the Market: Opportunity in Houston

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