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$401,911

NAL Estimated Property Value

1324 Studer St, Houston, TX, 77007

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,663 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.56 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dryer, Refrigerator, Washer, Dishwasher

Exterior

Lot Size1,877 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN1260030010022
Lot Number22
SubdivisionMemorial Park Village
Land UseResidential
Legal DescriptionLT 22 BLK 1 MEMORIAL PARK VILLAGE
Census Tract510602
Assessed Land Value$199,325
Assessed Improvement Value$202,586
Assessment Year2025

About this property

This is a beautiful 2-story home with 2 bedrooms and 2 bathrooms. It has an excellent stone and stucco curb appeal, and a 2-car attached garage. On the 1st floor, you'll find wood-look tile, a living area with a utility closet, a full bathroom, and a secondary bedroom. The 2nd floor features hardwoods and an open concept living and dining area, with a tray ceiling, crown molding, and recessed lighting. The kitchen has granite countertops and stainless steel appliances, including a wine/drink cooler. Also on the 2nd floor is the primary bedroom suite with dual vanities, a garden tub, separate shower, and walk-in closet. The manageable backyard space consists of flagstone. This home is located in a gated community with easy access to major roads and is within close proximity to The Heights, Memorial Park, Midtown, and downtown.appliances left in home for tenants to use: 60-inch TV and 2 remote controls, refrigerator, washing machine and dryer, dishwasher (the above are all new in 2021)

Investor Tools

Property Icon
$401,911
Estimated Property Value
$242,083Estimated Mortgage Balance
$159,828Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,411 /month
Positive
Cash Flow Estimate:
$804 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$862/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,337
$401,911
2025
$199,325
$202,586
$401,911
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,337
$401,911

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wintex Group Llc
Conventional
$265,600
No
First
Sep 23, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,083
$159,828
39%
60%
$1,593/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,593/mo
+$987/mo
7.7%

City: Houston

1324 Studer St | Property Details | No Agent List