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$199,000

1011 Studemont St Ste 101, Houston, TX, 77007

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths721 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$276.01 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

BankruptcyAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Refrigerator, Dishwasher
FlooringTile

Exterior

Exterior FeaturesBalcony

Building Information

Year Built2015
Garage Spaces1

Land Information

APN1368040010001
Land UseResidential
Legal DescriptionUNIT 101 FLR 1 .0296 INT COMMON LAND & ELE STUDEMONT CONDO 2ND AMEND TO 3RD AMEND
Census Tract510202
Assessed Land Value$41,214
Assessed Improvement Value$175,701
Assessment Year2025

About this property

The Studemont | 1BD/1BA · Rice Military Modern urban living in Houston's Washington Corridor. This 721 sq ft condo features 10-ft ceilings, tile flooring, and an open layout. Chef's kitchen with polished concrete countertops, GE stainless appliances, custom cabinetry, and breakfast bar. Low-E windows, spray-foam insulation, programmable thermostat, and central HVAC keep you comfortable year-round. Private balcony, walk-in shower, and generous closet space. Amenities: fitness center, rooftop terrace with city views, party room, controlled access, and assigned parking. Steps from Buffalo Bayou Park, the new H-E-B, and Washington Ave dining — minutes to Downtown, The Heights, and Montrose. Unfurnished and move-in ready.

Investor Tools

$199,396Estimated Mortgage Balance
$18,436Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,301 /month
Positive
Cash Flow Estimate:
$434 /month

Interested in this property?

Zoheb Noorani

Texas United Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$294/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,442
$216,915
2025
$41,214
$175,701
$216,915
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,442
$216,915

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Fha
$196,377
Yes
First
Mar 26, 2018
Apr 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,396
$34,604
14%
92%
$1,411/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,411/mo
+$229/mo
9.1%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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1011 Studemont St Ste 101 | Property Details | No Agent List