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$650,000

1404 Bailey St, Houston, TX, 77019

PendingInfo
Beds3 Beds
Baths4 Bath
Baths2,465 Sq Ft
price_per_sqft$263.69 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringWood

Exterior

Exterior FeaturesBalcony
Lot Size1,551 sqft

Building Information

Year Built2021
Garage Spaces1

Land Information

APN1390460010002
Lot Number2
Land UseResidential
Legal DescriptionLT 2 BLK 1 SKYLINE AT BAILEY
Census Tract410101
Assessed Land Value$108,500
Assessed Improvement Value$395,922
Assessment Year2025

About this property

Welcome to this recently constructed contemporary townhome in the heart of Houston. Architecturally designed with skyline views visible from multiple floors. The home features a dramatic 3 story open foyer with a floating staircase and European oak wood floors throughout. The first floor includes an oversized 18 x 10 bedroom with an en-suite bath. The main living area offers an open layout with balcony, flowing into the kitchen with a large island, wine fridge, coffee bar, smart faucet and range, and European style cabinetry. The primary suite boasts skyline views, freestanding tub & shower, and a sizable walk-in closet. Midway to the fourth floor, a flex space with views provides versatility for an office, bar, or seating area. The rooftop terrace is designed for entertaining with gas, water, and TV connection. Located within walking distance to Buffalo Bayou Park and Midtown restaurants, with quick access to I 45 and minutes from downtown. No HOA and not located in a flood zone

Investor Tools

$542,911Estimated Mortgage Balance
$115,089Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,948 /month
Positive
Cash Flow Estimate:
$1,316 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,147/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,478
$504,422
2025
$108,500
$395,922
$504,422
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,478
$504,422

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$589,000
No
First
May 16, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$542,911
$115,089
17%
83%
$3,532/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,532/mo
$-952/mo
4.7%

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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1404 Bailey St | Property Details | No Agent List