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$529,990

1020 Patterson St, Houston, TX, 77007

PendingInfo
Beds3 Beds
Baths4 Bath
Baths2,358 Sq Ft
price_per_sqft$224.76 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Engineered Wood, Tile

Exterior

Exterior FeaturesBalcony, Side Yard
Lot Size2,174 sqft

Building Information

Year Built2017
Garage Spaces2

Land Information

APN1363810010008
Lot Number8
Land UseResidential
Legal DescriptionLT 8 BLK 1 PATTERSON STREET LANDING
Census Tract510601
Assessed Land Value$233,164
Assessed Improvement Value$258,075
Assessment Year2025

About this property

Rare opportunity to own a four-story home in a gated Washington Corridor community featuring a private fenced yard, premium corner-lot location, and a versatile finished fourth floor-an uncommon combination in this area. The finished fourth floor offers endless flexibility as a fourth bedroom, guest suite, home office, media room, gym, or playroom. Designed for both everyday living and entertaining, the home offers soaring ceilings, abundant natural light, spacious living areas, and an updated kitchen with authentic Zellige tile backsplash, stainless steel appliances and a large island with seating. Each bedroom includes a private en-suite bath, while the spacious primary suite features a sitting area and a bath with dual vanities, soaking tub, and separate shower. Enjoy incredible downtown views from the rooftop deck, perfect for entertaining or relaxing. Ideally located just minutes from Downtown Houston, Memorial Park, premier dining and shopping. One AC unit replaced in 2026.

Investor Tools

$393,852Estimated Mortgage Balance
$165,853Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,354 /month
Positive
Cash Flow Estimate:
$1,118 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$885/month
$130/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,822
$491,239
2025
$233,164
$258,075
$491,239
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,822
$491,239

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$422,660
No
First
Nov 4, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$393,852
$175,148
30%
70%
$2,535/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,665/mo
$-85/mo
5.5%

City: Houston

1020 Patterson St | Property Details | No Agent List