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$563,000

825 Algona Ave, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,381 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$214.2 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size1,930 sqft

Building Information

Year Built2017
Garage Spaces2

Land Information

APN1357010010012
Lot Number12
Land UseResidential
Legal DescriptionLT 12 BLK 1 RESERVE AT WASHINGTON SEC 1
Census Tract510902
Assessed Land Value$139,913
Assessed Improvement Value$389,792
Assessment Year2025

About this property

This well-designed 3BR/3BA home, located in the gated community of The Reserve at Washington, features high ceilings, amazing natural light, spacious rooms, & many upgrades. The 1st flr offers a guest BR w/ ensuite bath, large walk-in closet, and access to a beautifully landscaped backyard. The 2nd flr open concept living space features great functionality & can accommodate multiple arrangements w/ oversized furniture + a spacious guest BR & bath. A well-appointed kitchen offers quartz counters, large island w/ built-in sink, SS appliances, & two walk-in pantries. The oversized primary retreat, located on the 3rd flr, includes a loft area. The spa-like primary bath features quartz counters, dual vanities/sinks, walk-in shower, soaking tub, private water closet, & large walk-in closet. Community amenities include an outdoor area w/ fireplace, water features, dog park, & guest parking! Located near many parks, restaurants, & breweries, this home offers amazing quality & convenience.

Investor Tools

Property Icon
$563,000
Estimated Property Value
$463,500Estimated Mortgage Balance
$127,264Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,378 /month
Positive
Cash Flow Estimate:
$1,126 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,191/month
$2,750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,481
$529,705
2025
$139,913
$389,792
$529,705
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,481
$529,705

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$463,500
No
First
Feb 23, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$435,736
$132,264
23%
77%
$2,779/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$5,529/mo
$-3,299/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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825 Algona Ave | Property Details | No Agent List