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$528,000

NAL Estimated Property Value

1218 Stanford St, Houston, TX, 77019

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,938 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$190.92 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Lot Size1,194 sqft

Building Information

Year Built2000
Garage Spaces1

Land Information

APN0541370000035
SubdivisionBakerdale Amend
Land UseResidential
Legal DescriptionTR 12D BLK 3 BAKERDALE AMEND
Census Tract410202
Assessed Land Value$144,353
Assessed Improvement Value$292,667
Assessment Year2025

About this property

Incredible value in a great Montrose location! This urban 2 bedroom plus office/flex space offers concrete and pine flooring on floors 1 thru 3; 2nd floor open living area with gas fireplace, island kitchen with stainless appliances, and expansive windows; 3rd floor primary suite and 4th floor flex space leading to rooftop deck with downtown views. This home has had many recent updates, including remodeled master bath (2018), remodeled kitchen (2012), lighting (2009/2018), roof (2016), plantation shutters (2017), stucco replaced (2018), decking and roof on roof deck (2018), AC (2017), and door/privacy protection for primary suite (2022), dishwasher/microwave/refrigerator (2022), fresh paint and wood floors refreshed (2022), all per seller. Secure gated community. Awesome location walkable to area restaurants and Buffalo Bayou Park with easy access to downtown and area freeways.

Investor Tools

Property Icon
$528,000
Estimated Property Value
$287,586Estimated Mortgage Balance
$240,414Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,168 /month
Positive
Cash Flow Estimate:
$1,056 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$970/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,997
$437,020
2025
$144,353
$292,667
$437,020
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,997
$437,020

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bokf Na
Conventional
$312,000
No
First
Mar 11, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,586
$186,414
39%
54%
$1,871/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,971/mo
$-11/mo
4.5%

City: Houston

1218 Stanford St | Property Details | No Agent List