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518 N Eastwood St, Houston, TX, 77011

1beds
1baths
1,200sqft
$219,000
$183price/sqft
$1,934/moest. monthly cost
$77,360/yrincome needed

About This Home

Exceptional investment opportunity in the rapidly growing East End area! 518 N. Eastwood has a sister property at 516 N. Eastwood. The owner would like to sell these two properties together. The list price shown is for one duplex only. Each duplex offers 1,200 sf. with each 600 sf. unit featuring 1 bedroom, 1 bath, living area & kitchen. Three units are tenant occupied and generating income. Each duplex is separately metered with 2 electrical, gas, & water meters, offering flexibility for future management and rental adjustments. Ideally located minutes from Downtown Houston, U of H, Texas Medical Center, and Daikin Park, this property is positioned in one of Houston’s most exciting growth corridors. Ideal for anyone seeking immediate income and long-term growth potential. A rare opportunity to acquire multiple units in one of Houston’s fastest-growing areas. Please do not disturb tenants. Also see 516 listing at MLS#56457079. Photos are of a tenant occupied unit in the 516 duplex.

Getting Around

69
WalkingSomewhat Walkable
54
TransitGood Transit
71
BikeVery Bikeable

Schools

4/10
Burnet Elementary SchoolGrades K-50.7 mi
5/10
Navarro MiddleGrades 6-81.3 mi
3/10
Austin High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1940

Materials

  • Roof: Wood
  • Construction materials: Unknown

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Wood,Hardwood

Heating & Cooling

  • Heating features: Space Heater
  • Cooling features: Ceiling Fan(s),Window Unit(s)

Interior Area

  • Total structure area: 1,200
  • Total interior livable area: 1,200 sqft

Property

Details

  • Parcel number: 0542790000006
  • Exclusions: Refrigerator,Stove,Microwave,ceiling Fans

Features

  • Stories: 1
  • Exterior features: Private Entrance

Lot

  • Lot size: 4,769 sqft
  • Features: Near Public Transit,Cleared

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Tornado
Cold Wave
Hurricane
Inland Flooding
Tsunami

FEMA Declared Disasters Across Texas Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,107$13,284
Home Insurance *$208$2,496
Property Taxes $381$4,572
Electricity $238$2,859
Total$1,934$23,208
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$66,308/yr
40% on housing$58,020/yr
45% on housing$51,573/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -0.6%
-0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$183This listing

vs Other Active Listings

Avg $/sqft

ZIP 77011$133
Harris County$175

vs Homes Sold Last Month

Median $/sqft

ZIP 77011$212
Harris County$154

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-15Price change$219,000
2026-06-23Listed for sale$239,000

For Sale by Agent

AgentLisa Morales
BrokerageReal Broker, LLC

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