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$400,000

978 Wall St, Houston, TX, 77088

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,023 Sq Ft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size30,601 sqft

Building Information

Year Built1940
Garage Spaces3

Land Information

APN0162670020004
Lot Number4,5
SubdivisionHighland Acre Home Annex
Land UseResidential
Legal DescriptionLTS 4 & 5 BLK 2 HIGHLAND ACRE HOME ANNEX
Census Tract533301
Assessed Land Value$283,051
Assessed Improvement Value$35,855
Assessment Year2025

About this property

Highland Heights land opportunity — nearly 3/4 acre (120' x 255') just minutes from Downtown Houston, with room to build up to 14 townhome-style homes. Located in an Opportunity Zone, this lot offers builders and developers a rare chance to bring a fresh project to one of Houston's most exciting up-and-coming neighborhoods, surrounded by new construction and steady growth. Easy access to I-45 makes commuting downtown simple, and the location keeps buyers close to everything the city has to offer. The lot sits outside the flood zone and has never flooded, which means a smoother permitting process and added peace of mind. A recent survey is already on hand, so boundaries are clear and verified from day one. Opportunity Zone status may offer valuable tax benefits for the right buyer. Please note: the metal fence and gate are not included in the sale. A wonderful opportunity to build something great in a neighborhood on the rise — come take a look today.

Investor Tools

$0Estimated Mortgage Balance
$318,906Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

Interested in this property?

James Priddy

NB Elite Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$689/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,673
$318,906
2025
$283,051
$35,855
$318,906
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,673
$318,906

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$318,906
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
4.9%

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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978 Wall St | Property Details | No Agent List