$290,000
1515 Gano St, Houston, TX, 77009
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size5,001 sqft
Building Information
Year Built1926
Stories1
Land Information
APN0271650000005
SubdivisionNoble
Land UseResidential
Legal DescriptionTR 5 BLK 70 NOBLE
Census Tract212300
Assessed Land Value$195,000
Assessed Improvement Value$31,791
Assessment Year2025
About this property
This approximately 1,176-square-foot property consists of one structure configured with two separate living spaces. Each space includes one bedroom, one full bathroom, a kitchen, and a living area, providing a combined total of two bedrooms and two full bathrooms within the building.
Investor Tools
$10,901Estimated Mortgage Balance
$299,099Estimated Equity
96% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,860 /month
Positive
Cash Flow Estimate:
$620 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$405/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$226,791
2025
$195,000
$31,791
$226,791
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$226,791
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Executive Mtg & Financial Services Inc
N/A
$80,100
N/A
First
Apr 29, 1999
May 2029
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$10,901
$299,099
96%
4%
$481/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,340/mo
$481/mo
+$859/mo
5.2%
