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$810,372

732 W Melwood St, Houston, TX, 77009

$814,798 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,692 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$472.75 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher
FlooringStone, Tile, Wood

Exterior

Lot Size6,242 sqft

Building Information

Year Built1920
Stories1
Garage Spaces2

Land Information

APN0621220000001
Lot Number1
SubdivisionEast Norhill
Land UseResidential
Legal DescriptionLT 1 BLK 209 EAST NORHILL
Census Tract511400
Assessed Land Value$561,600
Assessed Improvement Value$248,772
Assessment Year2025

About this property

Charming brick bungalow on a corner lot in East Norhill, with a NEW roof (2025)! This 3-bed, 2-bath home features a spacious front porch, hardwood floors, living room with fireplace flanked by built-in cabinets, dining area with outdoor access, and a kitchen with stainless steel appliances, granite counters, and pantry. The primary bath offers double sinks and a seamless glass shower. Updated secondary bath with marble countertop. Great yard for entertaining, driveway gate, 2-car garage, and new landscaping (2025). Updated HVAC ductwork (2022) and fresh interior paint (2025) make this home move-in ready. All info per seller.

Investor Tools

Property Icon
$810,372
Estimated Property Value
$750,000Estimated Mortgage Balance
$0Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$814,798
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,862 /month
Positive
Cash Flow Estimate:
$1,621 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,389/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,610
$810,372
2025
$561,600
$248,772
$810,372
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,610
$810,372

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alan V Ytterberg
Unknown
$750,000
No
First
May 23, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,473,586
N/A
0%
182%
$8,994/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$8,994/mo
$-7,687/mo
1.9%

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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732 W Melwood St | Property Details | No Agent List