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$517,000

NAL Estimated Property Value

1218 Summer St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,455 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.22 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size1,577 sqft

Building Information

Year Built2014
Garage Spaces2

Land Information

APN1341370010004
Lot Number4
Land UseResidential
Legal DescriptionLT 4 BLK 1 SUMMER STREET LANDING
Census Tract510100
Assessed Land Value$126,160
Assessed Improvement Value$359,236
Assessment Year2025

About this property

This beautiful home is located in the community of Summer Skyline, tucked away on a corner lot in Sawyer Heights. The interior features contemporary finishes throughout, hardwood floors, and stunning high ceilings. Each bedroom comes with an en-suite bath and the primary bedroom has a gorgeous oversized walk-in closet complete with built-ins. The kitchen is a chef's dream with quartz countertops and oversized island overlooking the family room. Upgrades include a new roof installed in 2020, appliances installed in 2015, new stucco paint in 2020, commercial grade, professionally installed epoxy garage floor, and so much more. With all of these beautiful features plus a fabulous rooftop terrace with gorgeous downtown views, this home is a must-see!

Investor Tools

Property Icon
$517,000
Estimated Property Value
$379,594Estimated Mortgage Balance
$137,406Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,102 /month
Positive
Cash Flow Estimate:
$1,034 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$820/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,252
$485,396
2025
$126,160
$359,236
$485,396
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,252
$485,396

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Interlinc Mortgage Services Llc
Conventional
$421,325
No
First
Mar 18, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$379,594
$132,406
25%
73%
$2,527/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,527/mo
+$53/mo
6.0%

City: Houston

1218 Summer St | Property Details | No Agent List