34
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Video Tour
$439,900 Last Listed Price
●
House -
Off Market
609 Walton Street
Houston, TX 77009
2 Beds
2 Baths,
1
Half Bath
1,622 Ft²
$2,870
Est. Monthly
3.78%
Cap Rate
About This Property
Fully Renovated Bungalow with Income-Producing Garage Apartment in
Prime Heights Location
Welcome to 609 Walton St-an updated 2-bed, 2-bath bungalow in the heart of Brooke Smith. This charming home blends original character with modern upgrades including refinished hardwood floors, fresh paint, and a remodeled kitchen with granite counters and included appliances. The open-concept layout is ideal for entertaining, while the oversized utility room adds extra storage. The spacious primary suite features a large bath with dual vanities and a walk-in shower. Outside, enjoy updated landscaping and a detached garage apartment with 1 bed and 1 bath-perfect for rental income or guests. Located minutes from Montie Beach Park, the Houston Farmers Market, and all the Heights has to offer. Quick access to I-45 and Downtown makes this a rare find. Move-in ready with income potential!
Welcome to 609 Walton St-an updated 2-bed, 2-bath bungalow in the heart of Brooke Smith. This charming home blends original character with modern upgrades including refinished hardwood floors, fresh paint, and a remodeled kitchen with granite counters and included appliances. The open-concept layout is ideal for entertaining, while the oversized utility room adds extra storage. The spacious primary suite features a large bath with dual vanities and a walk-in shower. Outside, enjoy updated landscaping and a detached garage apartment with 1 bed and 1 bath-perfect for rental income or guests. Located minutes from Montie Beach Park, the Houston Farmers Market, and all the Heights has to offer. Quick access to I-45 and Downtown makes this a rare find. Move-in ready with income potential!
Unit Size
1,622 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$271
Property Type
House
Property Taxes
$710
HOA Dues
-
Year Built
1925
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 12 months ago (HAR #80063318)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2025 | Sold | ||
| Sold | |||
| Sep 5, 2025 | In contract | - | |
| In contract | |||
| Jul 16, 2025 | Listed by Equity Real Estate | $439,900 | |
| Listed by Equity Real Estate | |||
| Jun 23, 2025 | Listed | $439,900 | |
| Listed | |||
| | |||
|
Fully Renovated Bungalow with Income-Producing Garage Apartment in Prime Heights Location
Welcome to 609 Walton St—an updated 2-bed, 2-bath bungalow in the heart of Brooke Smith. This charming home blends original character with modern upgrades including refinished hardwood floors, fresh paint, and a remodeled kitchen with granite counters and included appliances. The open-concept layout is ideal for entertaining, while the oversized utility room adds extra storage. The spacious primary suite features a large bath with dual vanities and a walk-in shower. Outside, enjoy updated landscaping and a detached garage apartment with 1 bed and 1 bath—perfect for rental income or guests. Located minutes from Montie Beach Park, the Houston Farmers Market, and all the Heights has to offer. Quick access to I-45 and Downtown makes this a rare find. Move-in ready with income potential!
| |||
| Jun 10, 2025 | Price Decreased |
$464,900
↓ $35K
(7%) | |
| Price Decreased | |||
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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HOA + Taxes
About Central Houston
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Listed by: Cesar Espinoza, Equity Real Estate
Last Updated: 12 months ago
Data Source: HAR , MLS# 80063318
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Last Updated: 12 months ago
Data Source: HAR , MLS# 80063318
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