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Owner Contacts

$960,000

NAL Estimated Property Value

1019 Peden St, Houston, TX, 77006

$1,116,555 ARV

Off Market

4 Beds

4 Bath

3,032 Sq Ft

Single Family Residence

$240.73 / sqft

Built in 2021

Property Lead Type:

ARV FlipAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Lot Size3,101 sqft

Building Information

Year Built2020

Garage Spaces1

Land Information

APN1414690010002

Lot Number2

Land UseResidential

Legal DescriptionLT 2 BLK 1 VILLAS ON PEDEN

Census Tract410501

Assessed Land Value$279,000

Assessed Improvement Value$555,568

Assessment Year2025

About this property

Mazzarino Construction & Development's new division is here in Houston's well established inner loop neighborhoods and Montrose Area! MAZZTAO Homes features a new, stylish, well priced, 4 bedroom, 3.5 bathroom, over 3,000 s.f. You no longer have to compromise your location to buy somewhere or something else, that you just don’t really want. A single-family development with first floor living spaces, abundant storage, master with 2 closets & sitting area, private driveway for you and your guests, and a private outdoor green space with room for a pool. Montrose is minutes to the newly renovated Memorial Park Conservatory, White Oak & Buffalo Bayou Greenway Parks & Trails, and plenty of Restaurants and Retail. Minutes to Downtown Houston, Galleria, and easy assess to I-10, 610, 290, and I-45.Inquire today to learn more about customization options during construction only!

Investor Tools

$960,000

Estimated Property Value

$428,700Estimated Mortgage Balance

$531,300Estimated Equity

54% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$1,116,555

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,760 /month

Positive

Cash Flow Estimate:

$1,920 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,762/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$16,342

$834,568

2025

$279,000

$555,568

$834,568

Tax History

Year

Tax Paid

Assessed Value

2024

$16,342

$834,568

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Wells Fargo Bank Na

Conventional

$474,900

First

Apr 29, 2021

May 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$428,700

$506,300

54%

45%

$2,848/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

$2,848/mo

+$492/mo

4.2%

Learn About the Market: Opportunity in Houston

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