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$391,000

NAL Estimated Property Value

1309 Bingham Street E, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,177 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$183.28 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

High Equity

Highlights

Interior

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

Exterior

Lot Size1,525 sqft

Building Information

Year Built2008
Garage Spaces2

Land Information

APN1294050010005
Lot Number5
SubdivisionBingham Street
Land UseResidential
Legal DescriptionLT 5 BLK 1 STESSEL ADDITION ON BINGHAM STREET
Census Tract510100
Assessed Land Value$126,963
Assessed Improvement Value$245,126
Assessment Year2025

About this property

This home is all about LOCATION! Small gated complex, with easy access to nearby Heights Hike & Bike Trail and Buffalo Bayou Trail. Walk to Art Studios, Breweries, Butchers, Bars, Total Wine, Grocery Stores, Pet Stores, and plenty of retail therapy close by. Lots of recent upgrades. Inside is a wide & open floorplan. Downstairs Bedroom/Bath can also be a Study. Kitchen is open to a large Family Room. Plenty of Counterspace and Cabinets in the Kitchen. Upstairs Game Room. Large Primary Bedroom. 8' tall steel privacy fence in backyard, Wood Floors on lower stairwell, modern light fixture in breakfast area, new shrubs & vines in front and back, Security system added which includes motion detectors, glass break sensor, fire alert sensor, flood sensor, garage door sensor, doorbell camera, touch screen panel, smart thermostat, smart door lock, and Remote garage door control via Apple HomeKit, New 5 ton A/C - 2016. Roof repairs in 2020 including new decking, shingles, and pipe boots.

Investor Tools

Property Icon
$391,000
Estimated Property Value
$276,193Estimated Mortgage Balance
$114,807Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$685/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,260
$372,089
2025
$126,963
$245,126
$372,089
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,260
$372,089

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Conventional
$298,000
No
First
Jun 6, 2022
Jul 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$276,193
$114,807
29%
71%
$1,787/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,487/mo
+$93/mo
7.9%

City: Houston

1309 Bingham Street E | Property Details | No Agent List