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B+
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$606,000

1111 Studewood St Unit 407, Houston, TX, 77008

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,861 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$314.35 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringConcrete

Exterior

Exterior FeaturesStorage

Building Information

Year Built2012

Land Information

APN1335500000007
SubdivisionStudewood Place
Land UseResidential
Legal DescriptionUNIT 407 .0332 INT COMMON LAND & ELE 1111 STUDEWOOD PLACE CONDO 4TH AMEND
Census Tract511302
Assessed Land Value$111,428
Assessed Improvement Value$475,035
Assessment Year2025

About this property

Fantastic condo living in the center of Houston's coveted Heights neighborhood.Enjoy corner views and bask in your contemporary loft with the ease of ordering food to-go from the fabulous restaurants located street level.The largest floorplan in the building,upgrades to this unit include new pure white quartz countertops in kitchen and baths,new kitchen and bath sinks,new dishwasher,ceiling fans and fresh paint throughout. A private rooftop terrace with outdoor kitchen,pool,tanning deck and panoramic city views add to the prestige of this building. All info per seller

Investor Tools

Property Icon
$606,000
Estimated Property Value
$0Estimated Mortgage Balance
$606,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,636 /month
Positive
Cash Flow Estimate:
$1,212 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$691/month
$968/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,257
$586,463
2025
$111,428
$475,035
$586,463
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,257
$586,463

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$646,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$968/mo
+$722/mo
3.3%

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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1111 Studewood St Unit 407 | Property Details | No Agent List