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$279,000

NAL Estimated Property Value

909 Melbourne Street, Houston, TX, 77022

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths1 Bath
Baths1,100 Sq Ft
price_per_sqft$1.59 / sqft
Year BuiltBuilt in 1940

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating

Exterior

Lot Size9,601 sqft

Building Information

Year Built1940
Stories1

Land Information

APN0570640000016
Lot Number16,17
SubdivisionBelt Junction City
Land UseResidential
Legal DescriptionLTS 16 & 17 BLK 75 BELT JUNCTION CITY
Census Tract220200
Assessed Land Value$192,000
Assessed Improvement Value$43,597
Assessment Year2025

About this property

QUAINT BUNGALOW LOCATED IN THE LINDALE PARK AREA. TOUR THIS REFRESHED HOME THAT FEATURES AN OPEN CONCEPT FLOOR PLAN; AMPLE SIZED LOT; FULLY FENCED YARD; REAR DECK; OUTDOOR

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$455/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,063
$235,597
2025
$192,000
$43,597
$235,597
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,063
$235,597

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ocmbc Inc
Conventional
$183,800
No
First
Apr 22, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$176,908
$102,092
36%
63%
$1,102/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,102/mo
+$205/mo
5.6%

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.

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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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909 Melbourne Street | Property Details | No Agent List