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$1,572,000

NAL Estimated Property Value

1323 Omar St, Houston, TX, 77008

Off MarketInfo
Beds4 Beds
Baths6 Bath
Baths2,946 Sq Ft
price_per_sqft$424.3 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

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
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringSlate, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size6,251 sqft

Building Information

Year Built1997
Garage Spaces2

Land Information

APN0350230430024
Lot Number24,25
SubdivisionStude
Land UseResidential
Legal DescriptionLTS 24 & 25 BLK 43 STUDES SEC 2
Census Tract510400
Assessed Land Value$562,500
Assessed Improvement Value$954,878
Assessment Year2025

About this property

As you enter the gates of this Garden District inspired home by Creole Design, you can’t help but be charmed by the carefully selected details: antique Chicago brick walks and steps, welcoming porches, enchanting period light fixtures, detailed millwork, plantation shutters, wide plank wood floors and floor-to-ceiling windows. The four bedrooms in the home all have en suite baths while the spacious garage apartment provides an additional one bedroom and bath. The three-car garage with alley access even has a workshop that could be used as a home gym. Close enough to walk to Mastrantos, Maison Pucha, Sonoma, Antidote, Good Dog, and the brand new Asch Building.

Investor Tools

Property Icon
$1,572,000
Estimated Property Value
$496,840Estimated Mortgage Balance
$1,075,160Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,432 /month
Positive
Cash Flow Estimate:
$3,144 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,492/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,043
$1,517,378
2025
$562,500
$954,878
$1,517,378
No

Tax History

Year
Tax Paid
Assessed Value
2024
$22,043
$1,517,378

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amk Financial Corporation
Conventional
$548,250
No
First
Jun 4, 2021
Jul 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$496,840
$1,037,160
67%
32%
$3,288/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$3,288/mo
$-408/mo
2.2%

City: Houston

1323 Omar St | Property Details | No Agent List