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$420,000

NAL Estimated Property Value

1380 Studer St, Houston, TX, 77007

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,635 Sq Ft
price_per_sqft$212.84 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size2,866 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN1260030010001
Lot Number1
SubdivisionMemorial Park Village
Land UseResidential
Legal DescriptionLT 1 BLK 1 MEMORIAL PARK VILLAGE
Census Tract510602
Assessed Land Value$227,970
Assessed Improvement Value$139,325
Assessment Year2025

About this property

This home is on a premium corner lot so it has one of the larger yards in the community. The owner is an accomplished gardener and did a beautiful job with the landscaping design. If outdoor space is important, you must see this home! The living room is huge and since you do not have neighbors on the North, you have extra windows, extra light and great privacy! The kitchen opens into the large living area. All the trim and walls have been freshly painted and the bedroom carpet was replaced in August. The main bath has two vanities, separate tub/shower, a spacious walk-in closet and new carpet. The downstairs features an additional large living area, the second bedroom, a full bath and the utility room. The patio has a gazebo, is private, features low maintenance turf and offers lots of shade. The landscaping was well thought-out with the assistance of a master gardener. You better hurry!!!

Investor Tools

Property Icon
$420,000
Estimated Property Value
$212,658Estimated Mortgage Balance
$207,342Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$653/month
$1,385/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,733
$367,295
2025
$227,970
$139,325
$367,295
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,733
$367,295

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Churchill Mortgage Corp
Conventional
$232,000
No
First
Dec 23, 2021
Jan 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,658
$199,342
48%
51%
$1,391/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,776/mo
$-196/mo
7.4%

City: Houston

1380 Studer St | Property Details | No Agent List