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$579,000

NAL Estimated Property Value

1215 Missouri St # 6, Houston, TX, 77006

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,228 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$219.93 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,755 sqft

Building Information

Year Built1997
Stories3
Garage Spaces1

Land Information

APN0180400000007
SubdivisionHyde Park Annex
Land UseResidential
Legal DescriptionTR 7 BLK 8 HYDE PARK ANNEX
Census Tract410501
Assessed Land Value$166,820
Assessed Improvement Value$335,380
Assessment Year2025

About this property

A contemporary, end unit town home with a cool art deco flavor, situated on a tree lined street in the heart of Montrose. At 2228sf, this townhome is uniquely spacious. Perfectly located to be within walking distance to some of the best amenities Montrose has to offer including the new Montrose Collective, a collection of walkable office and retail space from Heights Mercantile developer. Open plan living and walls of windows define the main living spaces allowing abundant natural light into the home. The generously proportioned living and primary bedroom suite feel more like New York loft living complete with fully remodeled primary bathroom (2018). The kitchen boasts a clever mix of black on white together with stainless steel island. The first floor bedroom is larger than many and makes for an ideal home office, gym or guest room. Enjoy Texas sunsets with a cold beer or glass of wine from your very own covered roof top terrace. 2015 roof, 2015 and 2019 AC. Per seller

Investor Tools

Property Icon
$579,000
Estimated Property Value
$0Estimated Mortgage Balance
$579,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,474 /month
Positive
Cash Flow Estimate:
$1,158 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$827/month
$3,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,024
$502,200
2025
$166,820
$335,380
$502,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,024
$502,200

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$566,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$3,000/mo
$-1,040/mo
4.1%

Learn About the Market: Opportunity in Houston

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Explore

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.

Explore Texas Explore This Area
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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1215 Missouri St # 6 | Property Details | No Agent List