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Owner Contacts

$1,259,000

NAL Estimated Property Value

1242 Peden St, Houston, TX, 77006

Off Market

4 Beds

5 Bath

3,625 Sq Ft

$344.55 / sqft

Built in 2025

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 4

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Wine Refrigerator, Gas Oven, Microwave, Gas Range, Dishwasher

FlooringTile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size3,189 sqft

Building Information

Year Built2024

Garage Spaces2

Land Information

APN1426040010001

Lot Number1

Land UseResidential Single Family

Legal DescriptionLT 1 BLK 1 VILLAS AT PEDEN

Census Tract410202

Assessed Land Value$191,280

Assessed Improvement Value$139,410

Assessment Year2025

About this property

LAST HOME LEFT! Modern - NEW Construction in Montrose! Experience luxury living in this thoughtfully designed home with 1st-floor living and Pella windows and sliding doors. Featuring 4 spacious bedrooms, each with ENSUITE bathrooms, and a versatile GAME ROOM, this residence blends comfort and style. The primary suite includes a private balcony, while custom-built cabinetry enhances every space. Enjoy 4 OUTDOOR areas, including a BACKYARD and a covered terrace with gas and water hookups, perfect for entertaining. TWO FIREPLACES add warmth, and the home is ELEVATOR-ready for convenience. Situated in vibrant Montrose, this property is a modern masterpiece.

Investor Tools

$1,259,000

Estimated Property Value

$0Estimated Mortgage Balance

$1,259,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$7,554 /month

Positive

Cash Flow Estimate:

$2,518 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$858/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,002

$330,690

2025

$191,280

$139,410

$330,690

Tax History

Year

Tax Paid

Assessed Value

2024

$4,002

$330,690

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$1,244,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

N/A

+$3,340/mo

3.2%

Learn About the Market: Opportunity in Houston

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