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$396,000

NAL Estimated Property Value

932 Lester St, Houston, TX, 77007

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,449 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.59 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Gas Cooktop, Dryer, Refrigerator, Washer

Exterior

Lot Size2,540 sqft

Building Information

Year Built2004
Garage Spaces1

Land Information

APN1251860010001
Lot Number1
SubdivisionCourtyards At Lillian
Land UseResidential
Legal DescriptionLT 1 BLK 1 COURTYARDS AT LILLIAN SEC 2
Census Tract510801
Assessed Land Value$241,300
Assessed Improvement Value$154,700
Assessment Year2025

About this property

Charming and well-maintained townhome offering a spacious living area with natural light, functional kitchen with ample cabinet space, and comfortable bedrooms. Primary suite includes private bath. Secondary bedrooms share full bath. Refrigerator, Washer, and Dryer included. Peaceful backyard provides room for outdoor enjoyment. Conveniently located near Memorial Park with endless shopping, dining, and entertainment options within walking distance. Move-in ready.

Investor Tools

Property Icon
$396,000
Estimated Property Value
$219,895Estimated Mortgage Balance
$176,105Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,376 /month
Positive
Cash Flow Estimate:
$792 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$764/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,185
$396,000
2025
$241,300
$154,700
$396,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,185
$396,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$241,257
No
First
Sep 30, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,895
$176,105
44%
56%
$1,447/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,447/mo
+$513/mo
5.9%

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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932 Lester St | Property Details | No Agent List