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B+
NoAgentList RatingHow are grades calculated? Info

$489,000

1406 Stanford Street B, Houston, TX, 77019

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,057 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$208.56 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dryer, Refrigerator, Washer, Dishwasher
FlooringWood

Exterior

Lot Size1,555 sqft

Building Information

Year Built2004
Garage Spaces1

Land Information

APN1253470010005
Lot Number5
SubdivisionStanford Mews
Land UseResidential
Legal DescriptionLT 5 BLK 1 STANFORD MEWS
Census Tract410202
Assessed Land Value$152,850
Assessed Improvement Value$286,975
Assessment Year2025

About this property

One of a kind opportunity to purchase an impeccably maintained townhome on a prime street in Montrose. Features include high ceilings, rich oak floors, fresh interior paint, granite counters, stainless steel appliances, and custom master closet. 4th floor balcony with a picture perfect view of the downtown skyline. Walking distance to some of the best restaurants that Houston has to offer. This home is an unbelievable value, and checks all the boxes. Hurry, won’t last long at this price!

Investor Tools

Property Icon
$489,000
Estimated Property Value
$0Estimated Mortgage Balance
$170,988Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,934 /month
Positive
Cash Flow Estimate:
$978 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$753/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,593
$439,825
2025
$152,850
$286,975
$439,825
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,593
$439,825

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homespire Mortgage Corp
Conventional
$342,500
No
First
Jul 19, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$318,012
$170,988
34%
65%
$2,054/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,054/mo
+$526/mo
6.3%

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 Stanford Street B | Property Details | No Agent List