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$566,000

NAL Estimated Property Value

805 Malone St, Houston, TX, 77007

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,606 Sq Ft
price_per_sqft$1.34 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringLaminate

Exterior

Lot Size2,500 sqft

Building Information

Year Built1998
Stories2
Garage Spaces2

Land Information

APN0300560000027
Lot Number28
SubdivisionRice Military
Land UseResidential
Legal DescriptionLT 28 BLK 14 RICE MILITARY
Census Tract510801
Assessed Land Value$237,500
Assessed Improvement Value$247,500
Assessment Year2025

About this property

Nestled in the sought-after Rice Military neighborhood, this stunning patio home offers the perfect blend of comfort and convenience in the heart of Houston. Modern open-concept design with ample natural light and stylish finishes throughout. Spacious living and dining area, ideal for entertaining guests or cozy nights in. A gourmet kitchen featuring modern appliances, granite countertops, and a breakfast bar. Private outdoor patio, providing a serene space for alfresco dining and relaxation. Four well-appointed bedrooms, including a luxurious primary suite with a spa-like bathroom. Additional features include a two-car garage, low-maintenance yard, and high-end fixtures. Convenient location with easy access to Memorial Park, Washington Avenue dining and nightlife, and major city attractions. This beautifully maintained patio home in Rice Military is a rare find, offering urban living with a touch of tranquility. Don't miss the opportunity to make this your new haven!

Investor Tools

Property Icon
$566,000
Estimated Property Value
$236,995Estimated Mortgage Balance
$329,005Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,396 /month
Positive
Cash Flow Estimate:
$1,132 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$838/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,231
$485,000
2025
$237,500
$247,500
$485,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,231
$485,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Conventional
$300,000
No
First
Jun 30, 2016
Jul 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$236,995
$296,005
55%
42%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,799/mo
+$781/mo
5.5%

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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805 Malone St | Property Details | No Agent List