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$769,662

NAL Estimated Property Value

734 W 21st St, Houston, TX, 77008

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,143 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$634.3 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringWood

Exterior

Lot Size6,551 sqft

Building Information

Year Built1994

Land Information

APN0200770000017
Lot Number17,18
SubdivisionHouston Heights
Land UseResidential
Legal DescriptionLTS 17 & 18 BLK 81 HOUSTON HEIGHTS
Census Tract511501
Assessed Land Value$524,000
Assessed Improvement Value$245,662
Assessment Year2025

About this property

Investor’s dream in the heart of the Heights! This unique property features TWO separate homes offering multiple possibilities and strong income potential. The front home, fully renovated in 2015, is a 2 bed/1 bath bungalow showcasing hardwood floors, a gourmet kitchen with stainless steel appliances, including double ovens, two covered porches, two reserved off-street parking spaces, private laundry, and shared backyard space. The rear unit is a two-story home offering 3 bedrooms and 1.5 baths, an updated kitchen with stainless steel appliances, saltillo tile floors downstairs, private laundry, designated off-street parking, and shared backyard space. With alleyway access from Durham, the back home provides added flexibility. An incredible location and ideal for investors or owner-occupants looking to offset their expenses! BOTH UNITS ARE OCCUPIED SO PLEASE DO NOT DISTURB THE TENANTS.

Investor Tools

Property Icon
$769,662
Estimated Property Value
$407,014Estimated Mortgage Balance
$362,648Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,618 /month
Positive
Cash Flow Estimate:
$1,539 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,616/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,541
$769,662
2025
$524,000
$245,662
$769,662
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,541
$769,662

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Mortgage Solutions Llc
Conventional
$450,000
No
First
May 27, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$407,014
$362,648
47%
53%
$2,698/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$2,698/mo
$-468/mo
3.5%

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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734 W 21st St | Property Details | No Agent List