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$552,815

NAL Estimated Property Value

1405 Thompson St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,409 Sq Ft
price_per_sqft$198.22 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size1,520 sqft

Building Information

Year Built2011
Garage Spaces1

Land Information

APN1325470010002
Lot Number2
SubdivisionUpper West End
Land UseResidential
Legal DescriptionLT 2 BLK 1 UPPER WEST END SEC 17
Census Tract510601
Assessed Land Value$129,285
Assessed Improvement Value$423,530
Assessment Year2025

About this property

Centrally located in the Washington Corridor area. Convenient to Downtown, The Texas Medical Center and Houston Galleria without jumping on a freeway. Three bedrooms/three baths with two large patios and small gated front yard. Open living space with dedicated dining room table placement, gas oven/stove, generous pantry, half-bath and oversized covered patio located on the second floor with plenty of room to entertain. Spacious master suite with two large walk-in closets, large shower with separate soaking tub and an additional bedroom/bath and walk-in utility room on the third floor. First floor bedroom optional study with full bath. Fourth floor flex or game room with wet bar and beverage fridge opens to a spacious rooftop covered patio equipped with water and natural gas hookups and incredible Downtown skyline views. Spacious two car garage with two additional parking spaces in the double driveway. Very well maintained and ready for move-in. Shows great.

Investor Tools

Property Icon
$552,815
Estimated Property Value
$301,449Estimated Mortgage Balance
$251,366Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,317 /month
Positive
Cash Flow Estimate:
$1,106 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$893/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,957
$552,815
2025
$129,285
$423,530
$552,815
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,957
$552,815

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Matador Lending Llc
Conventional
$332,000
No
First
Jul 20, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$301,449
$251,366
45%
55%
$1,991/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,991/mo
+$589/mo
5.6%

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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1405 Thompson St | Property Details | No Agent List