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B+
NoAgentList RatingHow are grades calculated? Info

$858,000

1214 Augusta Dr, Houston, TX, 77057

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,650 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$210.68 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Lot Size2,997 sqft

Building Information

Year Built2004
Garage Spaces1

Land Information

APN1230520010001
Lot Number1
SubdivisionPark At Augusta
Land UseResidential
Legal DescriptionLT 1 BLK 1 PARK AT AUGUSTA
Census Tract431505
Assessed Land Value$179,820
Assessed Improvement Value$552,522
Assessment Year2025

About this property

This well-built free standing patio home with a tile roof is the front house on the south side of the street at the Park at Augusta, a gated enclave of homes. The house overlooks a front greenbelt and has a landscaped and fenced backyard with a patio. Front entry and attractive formals with hardwood floors and 11 foot ceilings. The Island kitchen with stainless appliances and breakfast bar seating opens to the breakfast room and the family room with a fireplace and built-ins. Plantation shutters and views to the backyard and patio from these spaces. Elevator capable home. Attached two car garage with storage. Second level primary bedroom suite with Plantation shutters, a well-appointed bath and awesome closet space. Two additional bedrooms and baths on second level. Third floor game room, home office or 4th bedroom with full bath. A fine home and very well located in the greater Tanglewood/Galleria area.

Investor Tools

Property Icon
$858,000
Estimated Property Value
$740,000Estimated Mortgage Balance
$177,164Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,148 /month
Positive
Cash Flow Estimate:
$1,716 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,318/month
$4,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,532
$732,342
2025
$179,820
$552,522
$732,342
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,532
$732,342

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kartleen A Watkins Gst Exempt Trust
Purchase Money Mortgage
$740,000
No
First
Feb 25, 2022
Feb 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$680,836
$193,164
22%
79%
$4,437/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,620/mo
$8,637/mo
$-6,017/mo
3.7%

Learn About the Market: Opportunity in Houston

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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.

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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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1214 Augusta Dr | Property Details | No Agent List