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$649,000

1959 Lexington Street #B, Houston, TX, 77098

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$811.25 / sqft
Year BuiltBuilt in 1938

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Freestanding Oven, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher
FlooringLaminate, Tile, Wood

Exterior

Lot Size6,247 sqft

Building Information

Year Built1938
Garage Spaces1

Land Information

APN0571270000002
Lot Number2
SubdivisionRichmond Place
Land UseResidential
Legal DescriptionLT 2 BLK 7 RICHMOND PLACE
Census Tract410900
Assessed Land Value$551,250
Assessed Improvement Value$47,750
Assessment Year2025

About this property

2 contiguous properties for sale check 1955 Lexington too. check out this 2 story homes plus a garage apartment in back. single family home, Dishwasher, W.D, Microwave,Refrigerator, Wood floors, Lots of storage, great cabinetes, big pantry, built in bookshleves and large window seat.fully fenced back yard electronic driveway gate with carport. Primary bed and bath downstiars . Tenant occ so 48 hour req for showing. Cute 2 story garage apartment. Slate counters, dishwasher, w/d, microwave and refrigerator, Plenty of storage, great cabinets, big pantry, built in bookshelves and windows allow an abundance of daylight . Nice garden plot.

Investor Tools

$0Estimated Mortgage Balance
$771,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,626 /month
Positive
Cash Flow Estimate:
$1,542 /month

Interested in this property?

Lisa Thompson

Modern City Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,340/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,219
$599,000
2025
$551,250
$47,750
$599,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,219
$599,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$771,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
N/A
+$3,340/mo
5.2%

City: Houston

1959 Lexington Street #B | Property Details | No Agent List