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$415,000

NAL Estimated Property Value

1397 Studer Street, Houston, TX, 77007

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,764 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$235.26 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size2,718 sqft

Building Information

Year Built2006
Garage Spaces2

Land Information

APN1275790010039
Lot Number39
SubdivisionMemorial Park Village Two Par R/P
Land UseResidential
Legal DescriptionLT 39 BLK 1 MEMORIAL PARK VILLAGE TWO PAR R/P
Census Tract510602
Assessed Land Value$221,680
Assessed Improvement Value$193,320
Assessment Year2025

About this property

Wonderful home located in a gated community in Rice Military! Open-concept living room with great natural light that flows seamlessly to the dining area & kitchen. The kitchen boasts granite countertops, stainless steel appliances, breakfast bar, under cabinet lighting, and a wine fridge. The primary suite has huge windows, upgraded floors, dual vanities, garden tub, separate shower, and gorgeous walk-in closet with custom shelving! First floor has a second living room, guest bedroom, and full bathroom. French doors open to the fenced backyard with flagstone pavers & wood pergola. Fantastic location so close to Memorial Park, great restaurants, and major freeways!

Investor Tools

Property Icon
$415,000
Estimated Property Value
$405,649Estimated Mortgage Balance
$9,351Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$719/month
$1,280/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,551
$415,000
2025
$221,680
$193,320
$415,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,551
$415,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$415,000
No
First
Apr 16, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$405,649
$9,351
2%
98%
$2,725/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$4,005/mo
$-1,425/mo
7.5%

City: Houston

1397 Studer Street | Property Details | No Agent List