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$153,000

8505 Leander St, Houston, TX, 77012

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,178 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$117.91 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer
FlooringTile

Exterior

Lot Size5,001 sqft

Building Information

Year Built1930
Stories1
Garage Spaces1

Land Information

APN0331570120007
Lot Number7
SubdivisionSmith & Gibbons
Land UseResidential
Legal DescriptionLT 7 BLK 12 SMITH & GIBBONS
Census Tract311400
Assessed Land Value$60,000
Assessed Improvement Value$80,405
Assessment Year2025

About this property

Priced to sell. Cute and cozy starter home located just minutes from downtown Houston. Central AC & Heat. Living room and kitchen with open concept design. You won't miss a beat when cooking dinner. Powder room half bath for guests conveniently located by family room. Fenced yard. Measurements are approximate. Hurry! This one will go fast!

Investor Tools

Property Icon
$153,000
Estimated Property Value
$0Estimated Mortgage Balance
$153,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$918 /month
Positive
Cash Flow Estimate:
$306 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$215/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,809
$140,405
2025
$60,000
$80,405
$140,405
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,809
$140,405

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$174,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
13.5%

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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8505 Leander St | Property Details | No Agent List