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$415,000

NAL Estimated Property Value

908 Kelley St, Houston, TX, 77009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,585 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.27 / sqft
Year BuiltBuilt in 1938

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher
FlooringWood

Exterior

Lot Size5,301 sqft

Building Information

Year Built1938
Stories1
Garage Spaces1

Land Information

APN0660630040010
Lot Number10
SubdivisionLindale Park
Land UseResidential
Legal DescriptionLT 10 BLK 4 LINDALE PARK SEC 1
Census Tract210600
Assessed Land Value$172,525
Assessed Improvement Value$242,475
Assessment Year2025

About this property

Welcome to your new home in Lindale Park, a charming & historic neighborhood just north of downtown Houston. This beautifully renovated property offers three spacious bedrooms & two modern bathrooms, all updated in 2018 with new floors, a contemporary kitchen, & a new roof (2018), ensuring a move-in-ready experience. The home boasts a generous fenced backyard, perfect for outdoor gatherings or a peaceful retreat. Conveniently located near major highways 610 N Loop, I-45, Hardy Toll Road & I-59/69, commuting is a breeze. For those who prefer a more eco-friendly commute, the Metro Red Line & Metro buses run right through the neighborhood, while official bike paths connect you to the Heights, Buffalo Bayou, & Downtown. Lindale Park, established in 1937, offers a unique blend of small-town community charm & urban convenience with its spacious lots, mature trees, & a variety of architectural styles. Don't miss the opportunity to own a piece of this delightful community!

Investor Tools

Property Icon
$415,000
Estimated Property Value
$280,832Estimated Mortgage Balance
$134,168Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$897/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,683
$415,000
2025
$172,525
$242,475
$415,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,683
$415,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fspm Llc
Purchase Money Mortgage
$285,000
No
First
Jul 18, 2025
Jul 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$280,832
$134,168
32%
68%
$1,709/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,709/mo
+$13/mo
5.0%

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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