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$488,000

NAL Estimated Property Value

1391 Arlington, Houston, TX, 77008

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,512 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$244.05 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Washer/Dryer Stacked, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Exterior FeaturesCourtyard

Building Information

Year Built1984
Garage Spaces3

Land Information

APN1156670010002
SubdivisionArlington Court T/H
Land UseResidential
Legal DescriptionUNIT 1391 BLDG A ARLINGTON COURT T/H
Census Tract511302
Assessed Land Value$92,129
Assessed Improvement Value$392,760
Assessment Year2025

About this property

Arlington Court is an architecturally distinct community of 18 homes surrounding a gated courtyard green space and pool designed by noted architect Bill Stern. The location is in a highly desirable area of The Heights convenient to pedestrian and bike trails, restaurants, and shopping. A light filled double height living area with fireplace and an adjacent loft overlook the courtyard. The kitchen has granite counters, glass tile subway pattern backsplash, and stainless appliances. The primary suite features a large walk-in closet, and handsome bath with granite counters, double sinks, and glass enclosed shower. Additional second bedroom with bath plus a guest half bath. Hardwood floors throughout. A private driveway provides additional parking outside the two-car garage. This great looking property is a rare price point for living in one Houston’s most vibrant neighborhoods.

Investor Tools

Property Icon
$488,000
Estimated Property Value
$261,324Estimated Mortgage Balance
$226,676Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,928 /month
Positive
Cash Flow Estimate:
$976 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$698/month
$460/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,937
$484,889
2025
$92,129
$392,760
$484,889
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,937
$484,889

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zb Na
Conventional
$291,200
No
First
Jan 28, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$261,324
$226,676
46%
54%
$1,746/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$2,206/mo
$-516/mo
4.2%

City: Houston

1391 Arlington | Property Details | No Agent List