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$351,200

NAL Estimated Property Value

1309 East St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,660 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.51 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dryer, Washer, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size1,769 sqft

Building Information

Year Built2005
Garage Spaces1

Land Information

APN1229920010005
Lot Number5
Land UseResidential
Legal DescriptionLT 5 BLK 1 EAST STREET ESTATES
Census Tract510202
Assessed Land Value$150,280
Assessed Improvement Value$200,920
Assessment Year2025

About this property

Discover a remarkable opportunity live in the desirable Washington Corridor, amidst a vibrant area of new development. This residence offers unbeatable accessibility with its close proximity to I-10, The Heights, and a delightful array of new shopping venues, trendy bars, and restaurants near Yale Street. Additionally, you're just a leisurely stroll away from Washington Avenue and have easy access to the bike trail leading into Downtown, enhancing your urban living experience. This property features an inviting open concept living area on the ground floor, complete with a guest-friendly half bathroom. The kitchen, a true chef's delight, is equipped with granite countertops, gas burners, and stainless steel appliances. Conveniently, the washer/dryer setup is located upstairs, adjacent to the impressively sized master suite, which boasts vaulted ceilings for an added sense of grandeur. This property presents a perfect blend of modern comfort and convenient urban living.

Investor Tools

Property Icon
$351,200
Estimated Property Value
$264,506Estimated Mortgage Balance
$86,694Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,107 /month
Positive
Cash Flow Estimate:
$702 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$552/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,864
$351,200
2025
$150,280
$200,920
$351,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,864
$351,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Va
$294,163
Yes
First
Feb 12, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$264,506
$106,494
28%
75%
$1,764/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,764/mo
+$816/mo
8.8%

City: Houston

1309 East St | Property Details | No Agent List