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$849,000

NAL Estimated Property Value

920 W Gardner St, Houston, TX, 77009

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,088 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$449.71 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size4,630 sqft

Building Information

Year Built1930

Land Information

APN0630050020014
Lot Number7
Land UseResidential Single Family
Legal DescriptionLT 7 BLK 2 CASH
Census Tract511400
Assessed Land Value$416,700
Assessed Improvement Value$383,300
Assessment Year2025

About this property

Unique and rare opportunity to own a 9,260 sq ft lot in the Heights! This side by side double lot includes two houses and sits on a quiet street in the highly sought after Houston Heights. Within walking distance to restaurants and bars off of Studemont. Wonderful opportunity for someone in search of an oversized lot to build their dream home or someone in search of a historic bungalow remodel. Both of the 1930s homes still maintain the original characteristics including original hardwood floors, clawfoot tubs, and original hardware waiting to be brought back to life. Mature trees tower over the 9,260 sq ft lot. No historic restrictions, per owner. Walking distance to all the Heights has to offer. Minutes from downtown and the newly renovated farmers market.

Investor Tools

Property Icon
$849,000
Estimated Property Value
$690,654Estimated Mortgage Balance
$158,346Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,634 /month
Positive
Cash Flow Estimate:
$1,878 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,419/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,783
$800,000
2025
$416,700
$383,300
$800,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,783
$800,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Chevron Fcu
Conventional
$742,500
No
First
Aug 24, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$690,654
$191,346
21%
81%
$4,452/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$4,452/mo
$-2,730/mo
2.4%

City: Houston

920 W Gardner St | Property Details | No Agent List