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$649,000

1111 Studewood Street 503, Houston, TX, 77008

On MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,011 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$322.73 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Wine Refrigerator, Convection Oven, Electric Oven, Oven, Microwave, Gas Cooktop, Dryer, Full Size, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringEngineered Wood, Stone

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage

Building Information

Year Built2012

Land Information

APN1335500000010
SubdivisionStudewood Place
Land UseResidential
Legal DescriptionUNIT 503 .0359 INT COMMON LAND & ELE 1111 STUDEWOOD PLACE CONDO 4TH AMEND
Census Tract511302
Assessed Land Value$135,494
Assessed Improvement Value$577,631
Assessment Year2025

About this property

This exclusive (one of only 20 units) mid-rise condo on the 5th floor offers a stunning view of the Downtown Skyline. With 14’ ceilings, custom closets featuring Programme Martin, and a spa-like primary bathroom, this residence is perfect for luxurious living. Enjoy access to a rooftop heated pool, hot tub, and outdoor kitchen and dining area with phenomenal views of downtown overlooking the treed canopy of the Heights. The property includes 2 assigned garage parking spaces, controlled entry, and a private balcony. Additional amenities include a large safe, spacious in-unit laundry room, island with breakfast bar and a secondary service entrance perfect for entertaining. With many nearby restaurants, coffee shops, and the Heights Hike and Bike Trail, this home offers comfort and convenience. All furniture can stay.

Investor Tools

$0Estimated Mortgage Balance
$713,125Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,279 /month
Positive
Cash Flow Estimate:
$1,426 /month

Interested in this property?

Cynthia Mullins

Boulevard Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$925/month
$1,250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,531
$713,125
2025
$135,494
$577,631
$713,125
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,531
$713,125

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$713,125
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$1,250/mo
+$440/mo
2.8%

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 Street 503 | Property Details | No Agent List