Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$186,000

NAL Estimated Property Value

1404 Welch St Apt 3, Houston, TX, 77006

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths645 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$2.09 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringTile

Building Information

Year Built1985

Land Information

APN1215260000003
Land UseResidential
Legal DescriptionUNIT 3 .125 INT COMMON LAND & ELE MUSGRAVE MEWS CONDO
Census Tract410402
Assessed Land Value$31,920
Assessed Improvement Value$136,080
Assessment Year2025

About this property

Cute 1 Bedroom condo is located at the 1st floor in “Musgrave Mews”. Unit #3 is one of only eight total Units in the Heart of Montrose, and it includes a courtyard. Features include an open floor plan, walk-in closet, a stackable washer & dryer, modern tile floors, light interior design with a spacious primary bedroom. The kitchen features quartz countertops, custom cabinetry, Frigidaire gas stove & a Whirlpool refrigerator. Bath has slate floors, tub surround and partial walls, tub/shower combo with glass doors, and upgraded vanity. Tenant gets 1 assigned parking space, also extra parking for Musgrave residents or their guests. Nearby Downtown, Midtown, Medical Center, & the Galleria. Walking distance to some of Montrose best local restaurants and bars. Minutes from Cherryhurst park, Whole Foods, River Oaks Shopping Center. Controlled access gate in front of complex. Condo is available to move-in.

Investor Tools

Property Icon
$186,000
Estimated Property Value
$88,078Estimated Mortgage Balance
$97,922Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,116 /month
Positive
Cash Flow Estimate:
$372 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$370/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,515
$168,000
2025
$31,920
$136,080
$168,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,515
$168,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Republic State Mortgage Co
Conventional
$112,410
No
First
Mar 21, 2016
Apr 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$88,078
$90,922
50%
47%
$674/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$674/mo
+$966/mo
10.6%

City: Houston

1404 Welch St Apt 3 | Property Details | No Agent List