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$170,000

NAL Estimated Property Value

1218 Bartlett St Apt 8, Houston, TX, 77006

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths575 Sq Ft
price_per_sqft$269.57 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Range, Free-Standing Range, Refrigerator, Dishwasher, Oven
FlooringLaminate, Tile, Wood

Exterior

Exterior FeaturesStorage, Courtyard

Building Information

Year Built1920
Stories1

Land Information

APN1115730000008
SubdivisionSeven Gables Condo
Land UseResidential
Legal DescriptionUNIT 8 BLDG A SEVEN GABLES CONDO
Census Tract411902
Assessed Land Value$28,816
Assessed Improvement Value$122,849
Assessment Year2025

About this property

Location! Location! Location! RARE MUSEUM DISTRICT OPPORTUNITY! Own a piece of history! Small 1920's secluded complex with only 14 units has gorgeous landscaping & lots of character! The building features many original architectural elements! Charming upstairs condo in quaint complex w/lush gardens & peaceful courtyard. This serene setting at the end of a quite dead end street, offers a nice respite from the city, while being just blocks way from the Museum of Arts, Contemporary Art Museum, Hermann Park, Zoo, Miller Outdoor Theater, Bell Park & much more. Walking distance to Rice University & St.Thomas Univ, Close to Medical Center. Easy access to Metro Light Rail. Lovely original hardwood floors, french doors, ceiling fans. Central A/C & heat. Remodeled bathroom with white tile, glass blocks & pretty pedestal sink. Stainless steel stove & refrigerator. Plenty of big windows for tons of natural light. Small Back deck. Central Laundry room onsite. Perfect for students or professionals.

Investor Tools

Property Icon
$170,000
Estimated Property Value
$0Estimated Mortgage Balance
$170,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,020 /month
Positive
Cash Flow Estimate:
$340 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$335/month
$403/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,173
$151,665
2025
$28,816
$122,849
$151,665
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,173
$151,665

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Washington Mutual Bank Fa
Credit Line (Revolving) / Heloc
$58,000
No
First
N/A
Dec 2022

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$164,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$403/mo
+$1,237/mo
11.6%

City: Houston

1218 Bartlett St Apt 8 | Property Details | No Agent List