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$1,764,000

NAL Estimated Property Value

1214 W Drew Street, Houston, TX, 77006

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,792 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$420.62 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Microwave, Free-Standing Range, Gas Cooktop, Dishwasher, Dryer, Refrigerator
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size5,001 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN0370820000032
Lot Number32
SubdivisionWestover
Land UseResidential
Legal DescriptionLT 32 WESTOVER
Census Tract410501
Assessed Land Value$550,000
Assessed Improvement Value$845,218
Assessment Year2025

About this property

Spectacular Montrose custom-built home with very intricate and impressive finishes. This Modern design has an abundance of natural light through custom large and energy-efficient windows and solar panel operated skylights.Features galore include Madeval cabinetry, Dolby surround system,Centrally controlled A/V system,sprinkler system,Restoration Hardware blinds in all windows, energy efficient home w/extra foam in attic to allow for additional storage w/shelves.Chef’s kitchen w/waterfall island,quartz counters,48" gas range & butler’s pantry.The spacious primary bedroom has a walk-in closet w/custom made cabinetry&drawers, an en-suite bathroom with soaking tub, walk-in shower, and dual vanities. An oasis of a backyard includes an outdoor kitchen & a heated-and-jetted pool, fully controllable through a phone app, and includes a non-freeze feature, an automatic in floor cleaning&UV filter system. A very impressive and practical home for modern comfortable living in the heart of the city!

Investor Tools

Property Icon
$1,764,000
Estimated Property Value
$673,449Estimated Mortgage Balance
$1,090,551Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,584 /month
Positive
Cash Flow Estimate:
$3,528 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,565/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,964
$1,395,218
2025
$550,000
$845,218
$1,395,218
No

Tax History

Year
Tax Paid
Assessed Value
2024
$21,964
$1,395,218

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kwik Mortgage Corp
Conventional
$693,000
No
First
Oct 19, 2024
Nov 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$673,449
$1,090,551
61%
38%
$4,155/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$4,155/mo
$-1,575/mo
1.8%

City: Houston

1214 W Drew Street | Property Details | No Agent List