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Owner Contacts

$380,000

NAL Estimated Property Value

1334 Studer St, Houston, TX, 77007

Off Market

2 Beds

2 Bath

1,663 Sq Ft

$233.91 / sqft

Built in 2005

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer

FlooringCarpet, Tile, Wood

Exterior

Lot Size1,877 sqft

Building Information

Year Built2005

Garage Spaces2

Land Information

APN1260030010027

Lot Number27

SubdivisionMemorial Park Village

Land UseResidential

Legal DescriptionLT 27 BLK 1 MEMORIAL PARK VILLAGE

Census Tract510602

Assessed Land Value$199,325

Assessed Improvement Value$180,675

Assessment Year2025

About this property

Marvelous Washington Corridor 2-story corner lot home in gated community with approx 28x9 outdoor space with recent composite deck & fence! This 2/2 + Den home features LR/DR/Kitchen & Primary Bed/Bath upstairs. Large Den, Secondary Bed/Bath & Laundry down. Perfect floor plan for working from home! Tray ceilings, crown molding, wine bar with beverage chiller & 2 car garage. Gleaming hardwood floors in all living areas, only carpet is in 2 Bedrooms. Kitchen boasts SS appliance, granite counters & backsplash, gas cooking & more! Primary Bath has dual vanities/sinks, walk-in shower, soaking tub & more! Recent updates in last few years include replaced HVAC, furnace, water heater, exterior painting & more! (all per Seller). Refrig, W/D & beverage chiller included. Annual HOA fee of $1740 covers common area landscaping, access gates, trash & recycling. Amazing location near Memorial Park & restaurants, bars & grocery stores along Washington Corridor. Close proximity to IH10 & Memorial Dr.

Investor Tools

$380,000

Estimated Property Value

$286,287Estimated Mortgage Balance

$93,713Estimated Equity

24% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,334 /month

Positive

Cash Flow Estimate:

$778 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$617/month

$1,740/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,503

$380,000

2025

$199,325

$180,675

$380,000

Tax History

Year

Tax Paid

Assessed Value

2024

$5,503

$380,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Provident Funding Associates Lp

Unknown

$304,000

First

Mar 24, 2023

Apr 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$286,287

$93,713

24%

75%

$1,823/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$3,563/mo

$-983/mo

8.1%

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