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$1,823,090

NAL Estimated Property Value

1320 Banks St, Houston, TX, 77006

$2,163,856 ARVInfo
Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,838 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$356.55 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Deal ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Convection Oven, Double Oven, Electric Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringTile, Wood

Exterior

Lot Size6,299 sqft

Building Information

Year Built2018
Stories1
Garage Spaces2

Land Information

APN0731210000004
SubdivisionRanch Estates
Land UseResidential
Legal DescriptionTRS 4 & 5A RANCH ESTATES
Census Tract411901
Assessed Land Value$738,000
Assessed Improvement Value$1,085,090
Assessment Year2025

About this property

Exquisite new construction in the highly sought after neighborhood of Ranch Estates. Stunning design includes an open plan kitchen with custom island featuring connected dining table for quick breakfasts and relaxing dinners. Separate formal dining room features a drybar with beverage refrigeration that is perfect for entertaining. Magnificent marble and quartz touches are featured throughout the home. Hardwood floors throughout are perfectly highlighted by the expert paint selections and beautiful tile. This home has to be seen to be fully appreciated.

Investor Tools

Property Icon
$1,823,090
Estimated Property Value
$1,320,340Estimated Mortgage Balance
$502,750Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$2,163,855
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,939 /month
Positive
Cash Flow Estimate:
$3,646 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,316/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$30,672
$1,823,090
2025
$738,000
$1,085,090
$1,823,090
No

Tax History

Year
Tax Paid
Assessed Value
2024
$30,672
$1,823,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Open Mortgage Llc
Conventional
$1,282,500
No
First
Jul 23, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,320,340
$814,660
38%
72%
$8,716/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$8,716/mo
$-5,376/mo
2.2%

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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1320 Banks St | Property Details | No Agent List