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$1,030,000

NAL Estimated Property Value

1207 Sterrett St Ste Rrett, Houston, TX, 77002

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths4,580 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$230.35 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Double Oven, Gas Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringSlate, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size6,103 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN1246600010016
Lot Number15,16
SubdivisionSterrett Street Amend
Land UseResidential
Legal DescriptionLTS 15 & 16 BLK 1 STERRETT STREET SEC 1 AMEND
Census Tract980200
Assessed Land Value$198,642
Assessed Improvement Value$546,358
Assessment Year2025

About this property

Discover this sophisticated and contemporary in design, this highly unique gated residence is quietly secluded, yet located in the heart of Houston’s downtown studio warehouse district. Amazing craftsmanship throughout, this property is comprised of three builder’s lots, including a private saltwater pool oasis, and an equally private yard for play, pets and other activities. Featured in the New York Times, displaying its distinctive cherrywood flooring, stainless steel stair-railing, African slate granite, smartly accented walls, solid doors, and appliances. The massive living area is filled with natural sunlight, and lush night radiance for both entertaining and relaxing. Other features include a private elevator, a huge primary suite, exceptional views of the skyline, and a spa-like bathroom with an infinity tub and an extra-large closet. Close to the Theater District, Discovery Green, and Buffalo Bayou Park. Check out the 360 tour & Come see this home today!

Investor Tools

Property Icon
$1,030,000
Estimated Property Value
$499,705Estimated Mortgage Balance
$530,295Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,330 /month
Positive
Cash Flow Estimate:
$2,110 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,398/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,624
$745,000
2025
$198,642
$546,358
$745,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,624
$745,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Flagstone Financial Services Inc
Conventional
$548,250
No
First
Sep 17, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$499,705
$518,295
50%
49%
$3,288/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,120/mo
$3,838/mo
$-718/mo
3.6%

City: Houston

1207 Sterrett St Ste Rrett | Property Details | No Agent List