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$928,000

NAL Estimated Property Value

1331 Bomar St, Houston, TX, 77006

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,940 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$198.13 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Stone, Wood

Exterior

Lot Size1,468 sqft

Building Information

Year Built2003
Garage Spaces2

Land Information

APN0350030000035
SubdivisionStratford
Land UseResidential
Legal DescriptionTR 17C BLK 4 STRATFORD
Census Tract410501
Assessed Land Value$139,650
Assessed Improvement Value$423,427
Assessment Year2025

About this property

This stunning townhome is situated in Houston's vibrant Montrose area, minutes away from restaurants and shops galore. The property features spacious rooms, luxurious hardwoods, and high ceilings. The kitchen is truly a chef's oasis and boasts stainless appliances, a large island, and granite countertops. The home includes a balcony and a terrace with beautiful views of the neighborhood and city. The backyard is great for entertaining, along with the first floor's expansive open floor plan. 1331 Bomar has it all!

Investor Tools

Property Icon
$928,000
Estimated Property Value
$484,171Estimated Mortgage Balance
$443,829Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,568 /month
Positive
Cash Flow Estimate:
$1,856 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,228/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,094
$563,077
2025
$139,650
$423,427
$563,077
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,094
$563,077

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Affinity Llc
Conventional
$495,125
No
First
Feb 20, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$484,171
$451,829
48%
52%
$2,969/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,969/mo
+$371/mo
4.3%

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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1331 Bomar St | Property Details | No Agent List