B+

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Owner Contacts

$1,034,000

NAL Estimated Property Value

1302 Peden St, Houston, TX, 77006

Off Market

3 Beds

4 Bath

3,111 Sq Ft

Condos / Townhouses

$224.98 / sqft

Built in 2009

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher, Washer/Dryer

FlooringTile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size1,590 sqft

Building Information

Year Built2009

Garage Spaces2

Land Information

APN1306800010002

Lot Number2

SubdivisionPeden Square

Land UseResidential

Legal DescriptionLT 2 BLK 1 PEDEN SQUARE

Census Tract410202

Assessed Land Value$151,145

Assessed Improvement Value$583,860

Assessment Year2025

About this property

Welcome Home to 1302 Peden St. located in the Montrose/River Oaks Districts. This Four-Story masterpiece is made for the modern family in one of the top cultural districts in the country filled with UPGRADES! Invite loved ones into the versatile; private 3,100+ floor plan with tons of natural light, home theater and plenty of space to entertain. Enjoy 5-Star Walk Scores to Houston’s Favorite Green Spaces like Buffalo Bayou Park, stroll in Regent Square, dine in Lower Heights and entertain the people that matter most at The Houston Theater District. Rooftop terrace w/ views of Downtown Houston, the Medical Center and Uptown. 2nd floor living/kitchen areas with all stainless steel appliances. Large living room features Home Theater with premium in-ceiling surround sound. Primary bedroom and one-secondary bedroom on the third floor as well as the washer/dryer room. All info. per seller. Don't forget to read the Upgrades List. Welcome Home!

Investor Tools

$1,034,000

Estimated Property Value

$627,867Estimated Mortgage Balance

$406,133Estimated Equity

37% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$6,204 /month

Positive

Cash Flow Estimate:

$2,068 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,207/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,310

$735,005

2025

$151,145

$583,860

$735,005

Tax History

Year

Tax Paid

Assessed Value

2024

$9,310

$735,005

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First Horizon Bank

Conventional

$675,000

First

Aug 11, 2022

Sep 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$627,867

$373,133

37%

61%

$4,047/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$4,047/mo

$-1,467/mo

3.0%

Learn About the Market: Opportunity in Houston

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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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