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$1,311,000

NAL Estimated Property Value

1303 Peden St, Houston, TX, 77006

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,769 Sq Ft
price_per_sqft$291.83 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Convection Oven, Gas Oven, Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Refrigerator
FlooringMarble, Tile, Wood

Exterior

Lot Size3,454 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN1379310010002
Lot Number2
Land UseResidential
Legal DescriptionLT 2 BLK 1 PEDEN STREET LANDING
Census Tract410501
Assessed Land Value$328,320
Assessed Improvement Value$782,233
Assessment Year2025

About this property

Beautiful Mediterranian style home with first floor living and a huge back yard. The 1st floor living features Subzero & Thermador appliances, wine refrigerator, gas log fireplace, extra wide sliding doors for a seamless transition into the professionally landscaped backyard & covered patio. The 2nd floor features the primary suite w/dual vanities & toilets, spacious walk-in closet, Bed2 w/private bath, study w/built-in shelving, & utility room. The 3rd floor features the game room w/a wet bar , partially covered terrace, 2 bedrooms; each w/private baths, & extra large storage closets. The backyard is approx. 756sf. It features artificial turf & is large enough for a future pool. In Montrose, you are walking distance away from many restaurants & retail. Minutes away from Downtown, Medical Center, access to I-10, US-59/69, 288, & I-45 more!

Investor Tools

Property Icon
$1,311,000
Estimated Property Value
$969,737Estimated Mortgage Balance
$341,263Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,866 /month
Positive
Cash Flow Estimate:
$2,622 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,921/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,498
$1,110,553
2025
$328,320
$782,233
$1,110,553
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,498
$1,110,553

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$980,000
No
First
Jun 30, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$969,737
$328,263
25%
74%
$6,111/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$6,111/mo
$-2,771/mo
3.1%

Learn About the Market: Opportunity in Houston

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Explore

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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1303 Peden St | Property Details | No Agent List