1view

$1,735,000

1313 Willard St, Houston, TX, 77006

Off Market

3 Beds

4 Bath

4,047 Sq Ft

Single Family Residence

$364.47 / sqft

Built in 2021

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Ice Maker, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size5,001 sqft

Building Information

Year Built2020

Stories1

Garage Spaces2

Land Information

APN0350020000007

Lot Number7

SubdivisionStratford

Land UseResidential

Legal DescriptionLT 7 BLK 3 STRATFORD

Census Tract410501

Assessed Land Value$550,000

Assessed Improvement Value$1,053,567

Assessment Year2025

About this property

Just Completed Aug. 2021! New Construction by Houston's Premier Home Builder, Croix Custom Homes! This Stunning Transitional Residence, offers Incredible Interior Finishes, with a Soft and Subtle Color Palette. 11Ft. Ceilings on the 1st Floor, 10Ft. on the Second, Open Floor Plan with Formal Living & Dining, Huge Family Room With Built-Ins open to the Large Island Kitchen, Separate Breakfast Area and Wet Bar/Butler's Pantry with a Sink, Wine Chiller and Ice Maker! Upstairs Media Room with Wood Floors, Master with Sitting Area & Covered Balcony. Spa Like Master Bath with an Incredible Closet! Upstairs Computer Room. Yard with Room for a Pool, Covered Lanai, Elevator Capable! Wonderful, Experienced Builder to work with, Offering 25+ Years in the Building Business! Within Walking distance to the River Oaks Shopping Center, Buffalo Bayou Park and minutes away by car to Downtown Houston.

Investor Tools

$1,735,000

Estimated Property Value

$625,000Estimated Mortgage Balance

$1,164,259Estimated Equity

64% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$10,410 /month

Positive

Cash Flow Estimate:

$3,470 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,457/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$20,809

$1,603,567

2025

$550,000

$1,053,567

$1,603,567

Tax History

Year

Tax Paid

Assessed Value

2024

$20,809

$1,603,567

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Assurance Financial Group Llc

Conventional

$625,000

First

Oct 18, 2021

Nov 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$570,741

$1,153,259

66%

33%

$3,748/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$3,748/mo

$-1,168/mo

1.8%

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