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$158,000

NAL Estimated Property Value

8128 Cannon Street, Houston, TX, 77051

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths933 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.1 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Gas Range, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size5,515 sqft

Building Information

Year Built1950
Stories1
Garage Spaces1

Land Information

APN0511740180031
Lot Number31
SubdivisionSunnyside Place
Land UseResidential
Legal DescriptionLT 31 BLK R SUNNYSIDE PLACE
Census Tract331100
Assessed Land Value$84,096
Assessed Improvement Value$57,364
Assessment Year2025

About this property

This beautiful renovated 3 bedroom home enjoys open concept design, tons of natural light through recently replaced windows, a private recently poured driveway with privacy gate, and 1-car garage that could easily be used as a shed or converted to an office! Inside you'll find a spacious living / dining combo, open to the remodeled kitchen! The kitchen itself boasts a stainless range and dishwasher, granite counters, tile floors, bar seating, and easy access to the backyard! Next to the kitchen is a conveniently located stacked laundry closet and access to the rear hall. All 3 bedrooms are similar in size and closet space and are spaced along the south half of the home. The completely remodeled full bath sits right in the middle of the home and offers a tub/shower combo and cabinet vanity! If you're looking to add a property to your portfolio, the owner has had no trouble getting good, consistent renters for the last 6 years!

Investor Tools

Property Icon
$158,000
Estimated Property Value
$149,220Estimated Mortgage Balance
$8,780Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,019 /month
Positive
Cash Flow Estimate:
$340 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$340/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,295
$141,460
2025
$84,096
$57,364
$141,460
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,295
$141,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Affinity Llc
Fha
$157,102
Yes
First
Aug 22, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,220
$8,780
5%
94%
$942/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$942/mo
+$780/mo
13.1%

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.

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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8128 Cannon Street | Property Details | No Agent List