$636,000
NAL Estimated Property Value1214 W Alabama St, Houston, TX, 77006
Off Market
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDisposal, Microwave, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Wood
Exterior
Lot Size2,492 sqft
Building Information
Year Built1996
Stories3
Garage Spaces1
Land Information
APN0261900000017
SubdivisionMontrose Amend
Land UseResidential
Legal DescriptionTR 10D BLK 64 MONTROSE AMEND
Census Tract410703
Assessed Land Value$274,120
Assessed Improvement Value$281,673
Assessment Year2025
About this property
This lovely home is the perfect blend of style and comfort, offering sophisticated design in pristine condition. Located in the prime and prestigious Montrose area, it is near shopping, restaurants, entertainment, schools (both public & private), parks, major highways and so much more. With its beautiful hardwoods, lovely living room built-ins, updated island kitchen, expansive primary suite with sitting area and third floor bonus area/game room, it is sure to get your attention! Schedule a showing today!
Investor Tools
$636,000
Estimated Property Value
$582,062Estimated Mortgage Balance
$53,938Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,050 /month
Positive
Cash Flow Estimate:
$1,350 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$610/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,138
$555,793
2025
$274,120
$281,673
$555,793
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,138
$555,793
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Compass Bank
Unknown
$268,200
No
First
Jun 23, 2003
Jul 2033
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$582,062
$45,938
7%
92%
$4,606/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$4,606/mo
$-2,026/mo
4.9%
