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$1,675,000

NAL Estimated Property Value

1231 Peden St, Houston, TX, 77006

Off MarketInfo
Beds3 Beds
Baths5 Bath
Baths3,657 Sq Ft
price_per_sqft$396.5 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Marble, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size6,199 sqft

Building Information

Year Built2012
Stories1
Garage Spaces2

Land Information

APN0523700000008
Lot Number8
SubdivisionRosemont Heights Extn
Land UseResidential
Legal DescriptionLT 8 BLK 8 ROSEMONT HEIGHTS EXTN
Census Tract410501
Assessed Land Value$682,000
Assessed Improvement Value$968,000
Assessment Year2025

About this property

Stunning home situated on a spacious lot in the heart of Montrose! This open floorplan features a gourmet kitchen with gas range, stainless steel appliances, large pantry, and dine-in island. From the kitchen, you can look out to the dining area and family room which has a gas fireplace and floating shelves. Natural light flows from 2 sliding doors leading to the outside area where you will find a covered patio equipped with TV & gas-log fireplace, as well as a beautiful pool & hot tub with an impressive back yard! Downstairs also features a bedroom w/ ensuite bath, a tech closet, and half bath. Primary bedroom features a seating area, gas fireplace, private balcony, and spa-like bath.An open, spacious room upstairs is perfect for your home office, exercise area, or media room complete with mini-bar. The second floor also has another ensuite bedroom, laundry room, and full bath off gameroom. Gated driveway and beautiful landscaping. A must see home in Montrose! **All per Seller

Investor Tools

Property Icon
$1,675,000
Estimated Property Value
$945,186Estimated Mortgage Balance
$729,814Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,050 /month
Positive
Cash Flow Estimate:
$3,350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,790/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$25,103
$1,650,000
2025
$682,000
$968,000
$1,650,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$25,103
$1,650,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$1,025,000
No
First
May 6, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$945,186
$777,814
45%
56%
$4,747/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$4,747/mo
$-1,407/mo
2.4%

Learn About the Market: Opportunity in Houston

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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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1231 Peden St | Property Details | No Agent List