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$267,387

1409 Maryland St Apt G, Houston, TX, 77006

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths714 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$328.99 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringVinyl

Building Information

Year Built1940
Stories2

Land Information

APN1143280010003
Land UseResidential
Legal DescriptionTH 3 BLDG A .12371 INT COMMON LAND & ELE MARYLAND COURT CONDO
Census Tract410402
Assessed Land Value$50,804
Assessed Improvement Value$216,583
Assessment Year2025

About this property

LOCATION LOCATION LOCATION! This is your last opportunity to have a renovated unit in 1409 Maryland, a small, quiet complex that is occupied primarily by single adults. You can easily walk through Montrose to one of many wonderful restaurants, a new library and Whole foods on Elgin. The last sale was $255,000. This adorable 2 story renovated townhome has 2 enjoyable patio areas, one in the front & one in the back.On good weather days, you will want to open the double French doors and bring the "outdoors in!" The smart open floor plan has a large island kitchen. The stunning granite counters compliments the custom cabinets! The glass cabinet doors & shelves are beautiful places to showcase your dishes & glassware. In-counter & under counter lights.There is a small workspace that overlooks the back courtyard.The 5x4 utility area is just off the kitchen.All appliances stay. The bedroom, bathroom & office/sitting room are upstairs.The bedroom has a 3x6 walk in closet.Low maintenance fee!

Investor Tools

Property Icon
$267,387
Estimated Property Value
$184,600Estimated Mortgage Balance
$96,606Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,604 /month
Positive
Cash Flow Estimate:
$535 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$493/month
$155/month
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
Jpmorgan Chase Bank Na
Conventional
$184,600
No
First
May 5, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,781
$96,606
36%
64%
$1,107/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,262/mo
+$378/mo
7.4%

Learn About the Market: Opportunity in Houston

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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 G | Property Details | No Agent List