1299Days on Market

4view

$498,000

1221 W 17th St, Houston, TX, 77008

On Market

3 Beds

4 Bath

2,134 Sq Ft

Single Family Residence

$233.36 / sqft

Built in 2015

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher

FlooringTile, Wood

Exterior

Lot Size1,847 sqft

Building Information

Year Built2015

Garage Spaces2

Land Information

APN1354690010001

Lot Number1

Land UseResidential

Legal DescriptionLT 1 BLK 1 LOFTS ON WEST 17TH STREET

Census Tract511202

Assessed Land Value$101,695

Assessed Improvement Value$406,499

Assessment Year2025

About this property

Sophisticated soft contemporary freestanding home with abundant light and stunning upgraded design features; corner lot, close to shopping/dining/entertainment & bike trails in popular Shady Acres. This 3 bed/3.5 bath w/rooftop deck features beautiful natural light, high ceilings & gleaming hardwoods thru-out. Private 1st floor ensuite bedroom offers option as a study with sliding glass doors opening to private patio. 2nd floor living includes chef's kitchen with and eat-in island & spacious living/dining spaces and powder bath. 3rd floor are 2 bedrooms including a generous sized primary suite, spa-like bath with glass enclosed soaking tub and shower and 2 huge closets. Highlight of the home is the rooftop deck - offering panoramic views of Houston's skyline. Guest parking is available on 17th st.

Investor Tools

$346,813Estimated Mortgage Balance

$162,892Estimated Equity

31% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,049 /month

Positive

Cash Flow Estimate:

$1,016 /month

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Greenwood King Properties

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$749/month

$50/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,448

$508,194

2025

$101,695

$406,499

$508,194

Tax History

Year

Tax Paid

Assessed Value

2024

$6,448

$508,194

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Zb Na

Conventional

$365,600

First

Dec 23, 2022

Jan 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$346,813

$161,381

31%

68%

$2,019/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,230/mo

$2,069/mo

+$161/mo

5.3%

Learn About the Market: Opportunity in Houston

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