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$495,000

NAL Estimated Property Value

1005 Kern St Unit C, Houston, TX, 77009

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,632 Sq Ft
price_per_sqft$186.17 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

BankruptcyAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Vinyl Plank

Exterior

Lot Size1,642 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN1375040010003
Lot Number3
Land UseResidential
Legal DescriptionLT 3 BLK 1 KERN VILLAS
Census Tract511400
Assessed Land Value$106,730
Assessed Improvement Value$385,011
Assessment Year2025

About this property

Contemporary multi-level residence offers a unique living experience. Four meticulously designed floors, efficiently distributed, featuring 3 bedrooms & 3 luxury ensuite baths & guest bath located on the 2nd floor. Primary bedroom located on the 3rd floor, providing ample space for comfort & relaxation along with a laundry room off the stairway for convenience. The heart of the home is a sleek, modern kitchen w/ a striking contrast of white cabinetry & dark tiled backsplash. A large central island w/ waterfall countertop serves as both a workspace & a gathering point. Recessed lighting & pendant fixtures create a bright & inviting atmosphere. Light wood flooring adds warmth to the crisp white walls, large windows flood the rooms with natural light & modern stair railings complement the overall aesthetic. Back outdoor space offers a covered patio with landscaped green space. Urban sophistication with practical living make it an ideal living experience. Inquire about lease to own option!

Investor Tools

Property Icon
$495,000
Estimated Property Value
$364,416Estimated Mortgage Balance
$130,584Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,045/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,061
$491,741
2025
$106,730
$385,011
$491,741
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,061
$491,741

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wildcat Lending Fund One Lp
Open End Mortgage / Open End With Future Advance Clause
$378,000
No
First
May 2, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$364,416
$130,584
26%
74%
$2,267/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,267/mo
$-545/mo
4.2%

City: Houston

1005 Kern St Unit C | Property Details | No Agent List