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$827,000

NAL Estimated Property Value

948 Ashland Street, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,634 Sq Ft
price_per_sqft$511.02 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size3,398 sqft

Building Information

Year Built2000
Garage Spaces2

Land Information

APN1204960010001
Lot Number1
Land UseResidential
Legal DescriptionLT 1 BLK 1 ASHLAND STREET
Census Tract510500
Assessed Land Value$339,900
Assessed Improvement Value$285,209
Assessment Year2025

About this property

Situated in the heart of the Heights on the curbed section of Ashland, this home offers soaring ceilings and rich hardwood floors throughout. New roof and upstairs AC ('24). The kitchen includes a built-in desk-height counter, ideal for a work-from-home nook. All bedrooms are located upstairs, including a spacious primary suite with a sitting area, walk-in closet, andupdated en-suite bath. Step outside to a shaded back deck made for relaxing or entertaining, or into the gated front yard complete with low-maintenance turf and a garden with automatic sprinklers. Garage with epoxy floors and a versatile garage apt. (updated ’23; not in sqft) featuring a private entrance, full kitchen, and combo washer/dryer, ideal for guests, home office or rental income. Near MKT, Heights Mercantile, farmers market & Tunes on 10th neighborhood concert series. Lots of nearby parks, just minutes from the Heights walking & bike trails, and many shopping and dining options. Quick & easy access to I-10 & 610.

Investor Tools

Property Icon
$827,000
Estimated Property Value
$273,441Estimated Mortgage Balance
$553,559Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,010 /month
Positive
Cash Flow Estimate:
$1,670 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,112/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,213
$625,109
2025
$339,900
$285,209
$625,109
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,213
$625,109

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Conventional
$305,920
No
First
Dec 30, 2020
Feb 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,441
$553,559
66%
33%
$1,835/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$1,835/mo
+$395/mo
3.2%

City: Houston

948 Ashland Street | Property Details | No Agent List