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$527,000

NAL Estimated Property Value

716 W Melwood St, Houston, TX, 77009

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths660 Sq Ft
DuplexDuplex
price_per_sqft$2.05 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Microwave, Gas Cooktop, Gas Range, Dryer, Refrigerator, Washer/Dryer Stacked, Dishwasher, Washer
FlooringTile, Wood

Exterior

Lot Size5,615 sqft

Building Information

Year Built1920
Stories1
Garage Spaces1

Land Information

APN0621220000005
Lot Number5
SubdivisionEast Norhill
Land UseResidential
Legal DescriptionLT 5 BLK 209 EAST NORHILL
Census Tract511400
Assessed Land Value$505,440
Assessed Improvement Value$21,560
Assessment Year2025

About this property

Immaculately maintained one bedroom duplex in the popular Norhill Historic District and Greater Heights area. Original wood and tile floors, central air and heat, washer and dryer in unit, large backyard. Great historic neighborhood near downtown, restaurants, clubs, theaters, and shopping. No dogs.

Investor Tools

Property Icon
$527,000
Estimated Property Value
$231,930Estimated Mortgage Balance
$295,070Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,162 /month
Positive
Cash Flow Estimate:
$1,054 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,146/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,121
$527,000
2025
$505,440
$21,560
$527,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,121
$527,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Conventional
$260,000
No
First
Oct 15, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$231,930
$295,070
55%
44%
$1,559/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,559/mo
$-252/mo
3.0%

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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716 W Melwood St | Property Details | No Agent List