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2view

Owner Contacts

$428,000

NAL Estimated Property Value

850 Sara Rose St, Houston, TX, 77018

Off Market

3 Beds

2 Bath

1,729 Sq Ft

Single Family Residence

$202.43 / sqft

Built in 1957

Property Lead Type:

Deal ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesMicrowave, Dishwasher, Oven

FlooringTile, Wood

Exterior

Lot Size6,364 sqft

Building Information

Year Built1957

Stories1

Garage Spaces3

Land Information

APN0824320000014

Lot Number14

SubdivisionTesslynn

Land UseResidential

Legal DescriptionLT 14 BLK 2 TESSLYNN SEC 2

Census Tract531000

Assessed Land Value$229,386

Assessed Improvement Value$168,120

Assessment Year2025

About this property

This wonderful home is tucked away in a quaint subdivision. Located between Garden Oaks and Shepherd Forest Subdivisions, you are walking distance to HISD Montessori Elementary and St. Rose of Lima Church and School (Pre-K thru 8). This home also features 3 bedrooms and 1.5 baths. Years ago, the 2 car garage was enclosed which makes for a huge second living/family room. Beautifully redone hardwoods throughout, lots of windows and new AC unit (8/2020)! 2 car driveway and carport for all your parking convenience! Elongated backyard and concrete patio make entertaining outdoors easy! Remodeled kitchen to include newish stainless appliances, granite countertops and lots of cabinets. You will love living in this home and quiet neighborhood! Walking distance to neighborhood hang outs and eateries!

Investor Tools

$428,000

Estimated Property Value

$293,961Estimated Mortgage Balance

$134,039Estimated Equity

32% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,568 /month

Positive

Cash Flow Estimate:

$856 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$833/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,856

$397,506

2025

$229,386

$168,120

$397,506

Tax History

Year

Tax Paid

Assessed Value

2024

$7,856

$397,506

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Legend Lending Corp

Conventional

$320,100

First

Jan 28, 2022

Feb 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$293,961

$139,039

32%

69%

$1,920/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,920/mo

$-198/mo

4.8%

Learn About the Market: Opportunity in Houston

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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.

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