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$515,658

NAL Estimated Property Value

117 Roy St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,216 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$189.08 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Microwave, Gas Cooktop, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,525 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN1257610010011
Lot Number11
SubdivisionRoy Street Place
Land UseResidential
Legal DescriptionLT 11 BLK 1 ROY STREET PLACE
Census Tract510803
Assessed Land Value$201,508
Assessed Improvement Value$314,150
Assessment Year2025

About this property

Stunning and bright home at a PRIME location in Rice Military. Steps to Bayou Park and walking distance to Memorial Park- close enough to Washington Street to enjoy the restaurants and bars, yet far enough to avoid any noise or traffic. Extremely quiet home with only 1 attached neighbor and plenty street parking. Beautiful brick and stucco exterior. NO CARPET (all rich hardwood). NO HOA. Upgrades include: fresh paint (2021), new epoxy flooring in the garage (2021), refinished and redone hardwoods (2021), new ACs (2016 and 2020), new water heater (2019) & more! 3 LARGE bedrooms all with ENSUITE bath and walk-in closets. Spacious open floor plan. Square lot with HUGE windows allowing lots of natural light to enter. 2 outdoor living spaces, a lovely BALCONY and a cozy BACKYARD to relax or BBQ. Lovely Mediterranean style arcade architecture with high ceilings. NEVER flooded and never lost power in winter, per seller. Centrally located to downtown, the Texas Med Center, and the Galleria.

Investor Tools

Property Icon
$515,658
Estimated Property Value
$305,456Estimated Mortgage Balance
$210,202Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,094 /month
Positive
Cash Flow Estimate:
$1,031 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,071/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,271
$515,658
2025
$201,508
$314,150
$515,658
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,271
$515,658

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$332,000
No
First
Feb 4, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$305,456
$210,202
40%
59%
$1,991/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,991/mo
+$589/mo
6.0%

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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117 Roy St | Property Details | No Agent List