5Days on Market

1view

$750,000

1119 Banks St, Houston, TX, 77006

On Market

Just Added

3 Beds

3 Bath

2,604 Sq Ft

Condos / Townhouses

$288.02 / sqft

Built in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Refrigerator, Dishwasher, Washer/Dryer

FlooringCarpet, Wood

Exterior

Lot Size1,838 sqft

Building Information

Year Built1998

Stories3

Garage Spaces2

Land Information

APN0360360000021

SubdivisionTurner N P

Land UseResidential

Legal DescriptionTR 1A BLK 30 TURNER N P

Census Tract411901

Assessed Land Value$189,200

Assessed Improvement Value$371,304

Assessment Year2025

About this property

Don't miss this beautiful townhome located in the Museum District. The home offers a great floor plan with a spacious entry, extra room and bedroom with ensuite bathroom on the first floor. The second floor has a large living area that includes kitchen with eat in breakfast room, dining room and living room with gas log fireplace. The third floor has a large primary suite, laundry and another ensuite bedroom. Some of the recent updates include downstairs HVAC (2026), painted exterior (2020), hot water heater(2023), exterior landscaping (2020) roof (2018) and much more. There is great natural light, wonderful built-ins and great storage throughout the home. This location cannot be beat. Come see for yourself!

Investor Tools

$209,428Estimated Mortgage Balance

$769,994Estimated Equity

79% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,874 /month

Positive

Cash Flow Estimate:

$1,958 /month

Interested in this property?

Lisa Kornhauser

Compass RE Texas, LLC - Houston

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,213/month

$650/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,656

$560,504

2025

$189,200

$371,304

$560,504

Tax History

Year

Tax Paid

Assessed Value

2024

$9,656

$560,504

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Jpmorgan Chase Bank Na

Conventional

$234,775

First

Oct 6, 2020

Nov 2035

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$209,428

$809,572

79%

21%

$1,408/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$2,058/mo

+$522/mo

3.2%

Learn About the Market: Opportunity in Houston

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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.

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