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$520,000

NAL Estimated Property Value

1232 W 24th Street E, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,144 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$192.16 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,830 sqft

Building Information

Year Built2015
Garage Spaces2

Land Information

APN1338060010005
Lot Number5
SubdivisionLofts On West 24th
Land UseResidential
Legal Description`LT 5 BLK 1 LOFTS ON WEST 24TH
Census Tract511202
Assessed Land Value$128,030
Assessed Improvement Value$378,970
Assessment Year2025

About this property

Rare opportunity to own in the intimate gated community of Lofts on W 24th! Modern townhome that rivals new construction with solid oak flooring, quartz countertops and Bosch appliances. Rooms are spacious with high ceilings, flooded with natural light but also very private with well placed windows. All bedrooms enjoy private en-suite baths and walk in closets. Several options to entertain outdoors: first floor bedroom opens onto a wooden deck with fenced yard, second floor has a balcony right off the living room and the spacious (17' X 14') rooftop terrace is well appointed with gas and water hookups. Walk to restaurants and parks while appreciating all that the Heights has to offer!

Investor Tools

Property Icon
$520,000
Estimated Property Value
$293,279Estimated Mortgage Balance
$226,721Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,120 /month
Positive
Cash Flow Estimate:
$1,040 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$797/month
$195/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,962
$507,000
2025
$128,030
$378,970
$507,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,962
$507,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$323,625
No
First
Jun 10, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$293,279
$226,721
43%
56%
$1,941/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$2,136/mo
+$94/mo
5.1%

City: Houston

1232 W 24th Street E | Property Details | No Agent List