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$233,000

NAL Estimated Property Value

1011 Studemont St Ste 203, Houston, TX, 77007

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths715 Sq Ft
price_per_sqft$289.51 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Washer/Dryer
FlooringLaminate, Tile

Exterior

Exterior FeaturesDog Run, Balcony

Building Information

Year Built2015

Land Information

APN1368040020003
Land UseResidential
Legal DescriptionUNIT 203 FLR 2 .0293 INT COMMON LAND & ELE STUDEMONT CONDO 2ND AMEND TO 3RD AMEND
Census Tract510202
Assessed Land Value$40,882
Assessed Improvement Value$174,288
Assessment Year2025

About this property

Here's an opportunity to enjoy a lock & leave lifestyle in this charming condo set in a private, gated community in one of the city’s most heritage-rich areas. This condo shows like new with never-lived-on laminate flooring & fresh paint. The light filled kitchen has a concrete topped island with sink that overlooks the living room & dining area. The living room area has a patio styled door leading out to a balcony where you can enjoy elevated views, all in a serene atmosphere. Amenities include a ground floor assigned parking space, 24/7 gated access, dog park area, exercise room, community room & a rooftop deck that is accessible to all residents. The roof deck is prime viewing space to see Downtown & holiday fireworks. Located within minutes to the Heights, Montrose, Midtown & Downtown. Walk, jog, bike to Memorial Park. Dine nearby at Truth BBQ, Killens & renown Burger Bodega; enjoy a drink at Julep or grab coffee at Catalina Coffee.

Investor Tools

Property Icon
$233,000
Estimated Property Value
$166,525Estimated Mortgage Balance
$66,475Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,398 /month
Positive
Cash Flow Estimate:
$466 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$439/month
$396/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,097
$215,170
2025
$40,882
$174,288
$215,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,097
$215,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bayfirst National Bank
Conventional
$180,000
No
First
May 17, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$166,525
$49,475
22%
71%
$1,080/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,476/mo
+$164/mo
8.4%

City: Houston

1011 Studemont St Ste 203 | Property Details | No Agent List