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$285,000

NAL Estimated Property Value

1406 Columbus St Apt 202, Houston, TX, 77019

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths927 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$248.11 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dryer, Washer/Dryer Stacked, Washer, Dishwasher, Refrigerator
FlooringBamboo

Exterior

Exterior FeaturesBalcony

Building Information

Year Built2006

Land Information

APN1303620000004
SubdivisionThe Columbus Flats Condominium
Land UseResidential
Legal DescriptionUNIT 202 .0724 INT COMMON LAND & ELE THE COLUMBUS FLATS CONDO AMEND
Census Tract410202
Assessed Land Value$44,806
Assessed Improvement Value$191,014
Assessment Year2025

About this property

Don't miss this amazing opportunity to own in the Montrose area! Located inside the loop, this Columbus Flats Condo offers modern living within walking distance of fantastic amenities. Featuring high ceilings with recessed lighting, you'll love the welcoming atmosphere the minute you step inside. Open by design and wired for sound, the living room and kitchen create a large space for casual entertaining. A large window wall provides tons of natural light. The kitchen boasts granite countertops and pendant lights over the breakfast bar. The bedroom suite offers peaceful relaxation. Enjoy a large window and a good-sized walk-in closet. A frameless shower and vessel sink exude modern beauty and elegance. A well-appointed office nook provides access to the balcony where you can enjoy a breeze with a view toward Downtown Houston. Included with the residence are the refrigerator and stackable washer/dryer unit. Come see why you should make this enviable spot your home!

Investor Tools

Property Icon
$285,000
Estimated Property Value
$186,774Estimated Mortgage Balance
$98,226Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$376/month
$255/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,086
$235,820
2025
$44,806
$191,014
$235,820
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,086
$235,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Towne Mortgage Co
Conventional
$206,100
No
First
Jun 28, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,774
$95,226
33%
66%
$1,236/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,491/mo
+$149/mo
6.9%

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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1406 Columbus St Apt 202 | Property Details | No Agent List