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Owner Contacts

$441,666

NAL Estimated Property Value

1202 Delano St Street, Houston, TX, 77003

Off Market

3 Beds

4 Bath

2,156 Sq Ft

Condos / Townhouses

$203.62 / sqft

Built in 2011

Property Lead Type:

High EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher, Refrigerator

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size1,655 sqft

Building Information

Year Built2011

Garage Spaces2

Land Information

APN1277170010005

Lot Number5

SubdivisionWaterhill Homes On Polk Street

Land UseResidential

Legal DescriptionLT 5 BLK 1 WATERHILL HOMES ON POLK STREET

Census Tract310200

Assessed Land Value$83,358

Assessed Improvement Value$358,308

Assessment Year2025

About this property

Experience luxury living in the heart of booming EADO, just moments from Downtown Houston, trendy restaurants & bars, sports venues, and Discovery Green Park. Home was completely remodeled in 2019! This immaculate townhome offers 3 spacious bedrooms, each with a private en-suite bathroom, plus a convenient half-bath on the second floor. The beautifully updated interior features modern finishes throughout, including a stunning wine cellar on the first floor, and exotic granite countertops. The primary suite boasts a spa-like bathroom with an oversized tub and a large separate shower. Enjoy relaxing on the charming balcony, while the HOA maintains the front yard for easy living. This move-in-ready gem perfectly blends comfort, convenience, and sophistication—don't miss the opportunity to call one of Houston’s most vibrant neighborhoods home! WASHER, DRYER, AND FRIDGE STAY!

Investor Tools

$441,666

Estimated Property Value

$0Estimated Mortgage Balance

$441,666Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,650 /month

Positive

Cash Flow Estimate:

$883 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$712/month

$1,600/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,331

$441,666

2025

$83,358

$358,308

$441,666

Tax History

Year

Tax Paid

Assessed Value

2024

$6,331

$441,666

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$441,666

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,090/mo

$1,600/mo

+$490/mo

5.7%

Learn About the Market: Opportunity in Houston

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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.

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