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$273,000

NAL Estimated Property Value

1409 Maryland St Apt D, Houston, TX, 77006

SoldInfo
6/27/26
Beds1 Beds
Baths2 Bath
Baths714 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$2.66 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1940
Stories2

Land Information

APN1143280020001
Land UseResidential
Legal DescriptionTH 5 BLDG B .12609 INT COMMON LAND & ELE MARYLAND COURT CONDO
Census Tract410402
Assessed Land Value$50,804
Assessed Improvement Value$216,583
Assessment Year2025

About this property

*** Welcome to 1409 Maryland #D ***. This renovated 2 story modern living condo offers a unique living space in a small, quiet complex. This condo offers a lovely private outdoor entertaining space, office space overlooking a private treelined deck and covered parking. Located in the heart of Montrose - walk to many restaurants, parks, a new library and Whole foods on Elgin. Washer/Dryer included!

Investor Tools

Property Icon
$273,000
Estimated Property Value
$175,270Estimated Mortgage Balance
$97,730Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,638 /month
Positive
Cash Flow Estimate:
$546 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$496/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,582
$267,387
2025
$50,804
$216,583
$267,387
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,582
$267,387

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$190,500
No
First
Mar 30, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$175,270
$97,730
35%
64%
$1,143/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,143/mo
+$497/mo
7.2%

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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1409 Maryland St Apt D | Property Details | No Agent List