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$641,000

NAL Estimated Property Value

1106 Palmer St, Houston, TX, 77003

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,408 Sq Ft
price_per_sqft$265.37 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size1,795 sqft

Building Information

Year Built2024
Garage Spaces1

Land Information

APN1452490010027
Lot Number27
Land UseResidential
Legal DescriptionLT 27 BLK 1 BOULEVARD ON LAMAR
Census Tract310200
Assessed Land Value$84,123
Assessed Improvement Value$24,751
Assessment Year2025

About this property

EaDo's premier residential development with a fully rentable studio apartment (1st level bedroom) on the first floor with its own private enterance, full kitchenette with stacked washer /dryer closet. Within our exclusive community, you'll find 32 meticulously designed residences, designed with a contemporary industrial aesthetic and curated with the utmost attention to detail in interior finishes. Our offerings include spacious 3-bedroom, 3.5-bathroom floorplans, expansive balconies and rooftop terraces, and bespoke studio apartments, all unmatched elsewhere within the city.

Investor Tools

Property Icon
$641,000
Estimated Property Value
$604,418Estimated Mortgage Balance
$36,582Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,846 /month
Positive
Cash Flow Estimate:
$1,282 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$372/month
$125/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,255
$108,874
2025
$84,123
$24,751
$108,874
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,255
$108,874

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Huntington National Bank
Conventional
$607,050
No
First
Feb 27, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$604,418
$40,582
6%
94%
$3,640/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$3,765/mo
$-1,675/mo
3.9%

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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1106 Palmer St | Property Details | No Agent List