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$985,000

NAL Estimated Property Value

724 Ashland Street, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,304 Sq Ft
price_per_sqft$431.86 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size3,302 sqft

Building Information

Year Built2017
Garage Spaces2

Land Information

APN1371650010006
Lot Number6
Land UseResidential
Legal DescriptionLT 6 BLK 1 ASHLAND EAST
Census Tract510500
Assessed Land Value$330,000
Assessed Improvement Value$596,200
Assessment Year2025

About this property

Welcome to 724 Ashland, a beautiful Heights home built by Sullivan Brothers, tucked away on a quiet, dead-end street. Ideally located steps from the Hike and Bike Trail & walking distance to MKT, Heights Mercantile, & restaurants, this home offers convenience & charm. Featuring high ceilings, crown molding, and reclaimed oak wood floors throughout, the home showcases timeless finishes & thoughtful design. The first floor includes a formal Living Room, spacious Dining Room, & a Family Room that flows into the Kitchen. The Kitchen features stainless steel appliances, under-cabinet lighting, & a large island with seating. Upstairs, the Primary Suite offers a private balcony, well-appointed Bathroom & walk-in closet. Two secondary bedrooms share a Bathroom with tub/shower combo. The fully fenced Backyard includes a covered Patio. The 2-car garage is accessible via alleyway with a covered walkway. This Heights home combines beautiful finishes, functional living, & an unbeatable location!

Investor Tools

Property Icon
$985,000
Estimated Property Value
$505,905Estimated Mortgage Balance
$479,095Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,970 /month
Positive
Cash Flow Estimate:
$1,990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,582/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,053
$926,200
2025
$330,000
$596,200
$926,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,053
$926,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$601,372
No
First
Jul 10, 2018
Aug 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$505,905
$479,095
48%
51%
$3,606/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,606/mo
$-1,026/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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724 Ashland Street | Property Details | No Agent List