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$560,000

815 Algona Ave, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,365 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.56 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Microwave, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,738 sqft

Building Information

Year Built2017
Garage Spaces1

Land Information

APN1357010010007
Lot Number7
Land UseResidential
Legal DescriptionLT 7 BLK 1 RESERVE AT WASHINGTON SEC 1
Census Tract510902
Assessed Land Value$133,034
Assessed Improvement Value$353,464
Assessment Year2025

About this property

This remarkable home is perfectly situated with easy access to schools, parks, shopping, dining, and more! With 3 bed, 3.5 bath, a rooftop oasis, and a spacious game room, this property is the epitome of luxury living in a community that includes a Dog park, covered outdoor seating and gated! The open floor plan boast high ceilings and are a perfect space for entertaining and everyday living. Each bedroom is a private sanctuary with ample natural light and closet space, ensuring that everyone has their own tranquil space. With a custom built-in closet in the primary bedroom. Imagine hosting gatherings, barbecues, or simply enjoying a quiet evening under the stars. The rooftop is your personal retreat from the hustle and bustle of the city. The dedicated game room provides endless opportunities for entertainment and relaxation. Whether it's a movie night, a game of pool, or a cozy reading nook, this space will be a favorite for all.

Investor Tools

Property Icon
$560,000
Estimated Property Value
$351,454Estimated Mortgage Balance
$245,859Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,360 /month
Positive
Cash Flow Estimate:
$1,120 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$882/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,782
$486,498
2025
$133,034
$353,464
$486,498
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,782
$486,498

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ally Bank
Conventional
$351,454
No
First
Nov 25, 2020
Dec 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$314,141
$246,859
44%
56%
$2,108/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$2,108/mo
+$122/mo
4.8%

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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815 Algona Ave | Property Details | No Agent List