$550,000
1224 Studewood St, Houston, TX, 77008
On Market
Just Added
Property Lead Type:
Deal ListAbsentee OwnerHigh EquityCash BuyersVacant Homes
Highlights
Interior
Exterior
Lot Size5,001 sqft
Building Information
Year Built1930
Stories1
Garage Spaces1
Land Information
APN0621060000007
Lot Number7
SubdivisionNorth Norhill
Land UseResidential
Legal DescriptionLT 7 BLK 127 NORTH NORHILL
Census Tract511400
Assessed Land Value$450,000
Assessed Improvement Value$24,331
Assessment Year2025
About this property
The property is being offered strictly AS-IS, WHERE-IS, with no repairs or remediation to be performed by the seller. Buyer to independently verify condition, feasibility of rehabilitation, historic requirements, permitting, and all City compliance obligations.
Investor Tools
$0Estimated Mortgage Balance
$669,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,014 /month
Positive
Cash Flow Estimate:
$1,338 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,106/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,929
$474,331
2025
$450,000
$24,331
$474,331
No
Tax History
Year
Tax Paid
Assessed Value
2024
$9,929
$474,331
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$669,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
N/A
+$1,690/mo
3.0%
