Street View

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Owner Contacts

$716,000

NAL Estimated Property Value

1027 Ashland St, Houston, TX, 77008

Off Market

3 Beds

4 Bath

2,060 Sq Ft

$242.67 / sqft

Built in 2015

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Bathrooms Half 1

Garage Available

Heating Central

Cooling

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

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size1,542 sqft

Building Information

Year Built2015

Garage Spaces1

Land Information

APN1359060010012

Lot Number12

Land UseResidential

Legal DescriptionLT 12 BLK 1 ASHLAND STREET LANDING

Census Tract510500

Assessed Land Value$154,200

Assessed Improvement Value$406,300

Assessment Year2025

About this property

Don't miss this beautiful freestanding home located in a wonderful gated community in the heart of the Heights so close to restaurants and entertainment. This home offers open concept living with a gourmet kitchen and gorgeous quartz countertops with beveled subway tile backsplash plus a fabulous and large honed Carrara marble island! This floorplan offers second floor living at its best with high ceilings, designer finishes, and a balcony which brings the outside in on those beautiful fall days. This homeowner has replaced all carpet in bedrooms with hardwoods on the 3rd floor and stylish seagrass carpet in the first-floor bedroom. The large Primary suite features an oversized shower, a soaking tub, polished Carrara marble countertops, a balcony, and large closets! Ideal location close to hike/bike trail, popular Heights restaurants, and more! All Info Per Seller.

Investor Tools

$716,000

Estimated Property Value

$265,827Estimated Mortgage Balance

$450,173Estimated Equity

59% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,296 /month

Positive

Cash Flow Estimate:

$1,432 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$909/month

$1,185/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,323

$560,500

2025

$154,200

$406,300

$560,500

Tax History

Year

Tax Paid

Assessed Value

2024

$7,323

$560,500

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$298,000

First

Oct 19, 2020

Nov 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$265,827

$387,173

59%

37%

$1,787/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,230/mo

$2,972/mo

$-742/mo

3.7%

Learn About the Market: Opportunity in Houston

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