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$829,625

NAL Estimated Property Value

905 Gibbs Street, Houston, TX, 77009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,540 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$512.99 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Gas Oven, Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Wood

Exterior

Lot Size7,135 sqft

Building Information

Year Built1940
Stories1
Garage Spaces2

Land Information

APN0351030660003
SubdivisionSunset Heights
Land UseResidential
Legal DescriptionTR 14 BLK 66 SUNSET HEIGHTS
Census Tract511502
Assessed Land Value$535,050
Assessed Improvement Value$294,575
Assessment Year2025

About this property

Charming Craftsman-style bungalow in the heart of Sunset Heights! A quintessential covered front porch welcomes you into the family room with updated windows, paneled walls, crown molding, and hardwood floors. High ceilings create an open, airy feel while maintaining defined spaces flowing from the living area to formal dining and into a beautifully updated kitchen overlooking a lush 7,100+ sq ft lot. The kitchen features honed granite countertops, gas range, and island seating. Utility room offers space for full-size washer/dryer. Third bedroom currently functions as a study with steel sliding doors. Gated double driveway leads to a full-size two-car garage—rare for the Heights—plus additional street parking. Prime location near restaurants, new retail, a city park, and a Slowpokes coming soon. Property & Improvements did not flood during Harvey. All info per Seller.

Investor Tools

Property Icon
$829,625
Estimated Property Value
$503,043Estimated Mortgage Balance
$326,582Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,978 /month
Positive
Cash Flow Estimate:
$1,659 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,307/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,537
$829,625
2025
$535,050
$294,575
$829,625
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,537
$829,625

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$543,750
No
First
May 31, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$503,043
$326,582
39%
61%
$3,261/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$3,261/mo
$-1,954/mo
1.9%

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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905 Gibbs Street | Property Details | No Agent List