Last 24 Hours
$1,200,000
1218 Spring St, Houston, TX, 77007
On Market
1 Beds
1 Bath
3,105 Sq Ft
Built in 1970Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 1
Bathrooms Full 1
Heating Forced Air UnitExterior
Lot Size14,928 sqft
Building Information
Year Built1970
Land Information
APN0050790000005
Lot Number5,6
SubdivisionBaker Nsbb
Land UseIndustrial
Legal DescriptionLTS 5 & 6 BLK 254 BAKER NSBB
Census Tract510100
Assessed Land Value$522,550
Assessed Improvement Value$68,195
Assessment Year2025
About this property
Property being Sold for Land Value, has a Metal Building 3,184 GSF with Warehouse 2,057 SF , Conditioned Space 558 SF First Floor, 569 SF Second Floor
Investor Tools
$0Estimated Mortgage Balance
$590,745Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,265/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,223
$590,745
2025
$522,550
$68,195
$590,745
No
Tax History
Year
Tax Paid
Assessed Value
2024
$12,223
$590,745
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$590,745
100%
0%
$0/mo
12.4%