1view

$860,000

1247 Peden St Unit C, Houston, TX, 77006

Off Market

3 Beds

4 Bath

2,248 Sq Ft

Condos / Townhouses

$333.19 / sqft

Built in 2023

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Oven, Microwave, Free-Standing Range, Gas Range, Refrigerator, Dishwasher, Washer/Dryer

FlooringTile, Wood

Exterior

Exterior FeaturesCourtyard

Lot Size1,734 sqft

Building Information

Year Built2021

Garage Spaces2

Land Information

APN1372340020005

Lot Number5

Land UseResidential

Legal DescriptionLT 5 BLK 1 VICTORIA COURT R/P

Census Tract410501

Assessed Land Value$164,825

Assessed Improvement Value$530,975

Assessment Year2025

About this property

Gotham Development brings you the "Modern English" Townhome in the heart of Montrose. This stunning gated community of 7 townhomes offers incredible detailing and selections by Allie Wood Design Studio. The exterior of the home is low maintenance with Decorative Hardie Siding and Pella Windows. This 3 Bedroom 3 1/2 Bath home has finishes that you would see in a million plus dollar home! Fantastic open floor plan, custom designed Cabinetry, detailed ceiling designs, wood floors throughout (except baths), dramatic staircase open to all 3 floors. Generous lighting package and Plumbing Package. Walk to Buffalo Bayou Park, River Oaks Shopping Center, minutes by car to Downtown Houston, Med Center, Rice University and More.... Estimated completion May 2023 - Don't miss seeing this beautiful home! Please contact me to schedule a showing today!

Investor Tools

$860,000

Estimated Property Value

$699,000Estimated Mortgage Balance

$196,070Estimated Equity

19% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,160 /month

Positive

Cash Flow Estimate:

$1,720 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,193/month

$100/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,012

$695,800

2025

$164,825

$530,975

$695,800

Tax History

Year

Tax Paid

Assessed Value

2024

$10,012

$695,800

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Regions Bank

Conventional

$699,000

First

Aug 24, 2023

Oct 2047

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$663,930

$189,070

22%

77%

$4,191/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$4,291/mo

$-1,711/mo

3.6%

Learn About the Market: Opportunity in Houston

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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.

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