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$594,000

NAL Estimated Property Value

923 Malone St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,477 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$252.32 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size2,500 sqft

Building Information

Year Built2004
Garage Spaces2

Land Information

APN0300560000068
Lot Number12
SubdivisionRice Military
Land UseResidential
Legal DescriptionLT 12 BLK 14 RICE MILITARY
Census Tract510801
Assessed Land Value$237,500
Assessed Improvement Value$298,113
Assessment Year2025

About this property

Located in the vibrant Rice Military neighborhood, this exquisite home boasts a spacious backyard & multiple outdoor living spaces, perfect for entertaining or relaxing. The formal entry welcomes you with double doors, leading to a versatile downstairs bedroom that can serve as an office or second living space, complete with a wet bar. The second floor offers an open floorplan where a light-filled, granite-clad kitchen seamlessly connects to the formal dining room & family room. The family room, overlooking the backyard, features built-in cabinets, display shelves, & a cozy gas fireplace. The third floor is dedicated to the primary suite, offering a relaxing retreat with a jetted tub, separate shower & custom-fitted closet. An additional bedroom with an ensuite bath completes this level. With a roof replaced in 2024, this home combines modern amenities with timeless elegance, making it a perfect place to call home. Walk to dining.

Investor Tools

Property Icon
$594,000
Estimated Property Value
$0Estimated Mortgage Balance
$594,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,750 /month
Positive
Cash Flow Estimate:
$1,250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$907/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,916
$535,613
2025
$237,500
$298,113
$535,613
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,916
$535,613

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$594,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
N/A
+$2,580/mo
5.2%

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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923 Malone St | Property Details | No Agent List