Street View

B+

NoAgentList RatingHow are grades calculated?

2view

Owner Contacts

$333,000

1406 Columbus St Apt 306, Houston, TX, 77019

Off Market

1 Beds

1 Bath

861 Sq Ft

Condos / Townhouses

$252.03 / sqft

Built in 2006

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer

FlooringBamboo, Tile

Exterior

Exterior FeaturesBalcony

Building Information

Year Built2006

Land Information

APN1303620000014

SubdivisionThe Columbus Flats Condominium

Land UseResidential

Legal DescriptionUNIT 306 .0673 INT COMMON LAND & ELE THE COLUMBUS FLATS CONDO AMEND

Census Tract410202

Assessed Land Value$42,756

Assessed Improvement Value$182,277

Assessment Year2025

About this property

Modern and light! This is a top floor corner unit with views onto downtown and open the green space that services the Wharton Elementary School. You will love the floor to ceiling windows and the outdoor terrace. Bamboo floors thru-out. Open Kitchen with stainless appliances with custom cabinets, tile backsplash and granite counters. Great location surrounded by great dining and entertainment. Buffalo Bayou Park is just up the street! High ceilings. The master bath a large frameless shower, tile accents around the mirror, custom cabinets on the vanity with an over mount sink. There is a large master closet. Owner is ready to sell.

Investor Tools

$333,000

Estimated Property Value

$164,000Estimated Mortgage Balance

$187,297Estimated Equity

51% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,998 /month

Positive

Cash Flow Estimate:

$666 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$381/month

$236/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,905

$225,033

2025

$42,756

$182,277

$225,033

Tax History

Year

Tax Paid

Assessed Value

2024

$2,905

$225,033

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$164,000

First

Aug 18, 2020

Sep 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$145,703

$117,297

44%

$984/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,640/mo

$1,220/mo

+$420/mo

5.9%

Learn About the Market: Opportunity in Houston

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