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$458,000

1413 Patterson St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,036 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.47 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee Owner

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, Dishwasher

Exterior

Lot Size1,472 sqft

Building Information

Year Built2012
Garage Spaces2

Land Information

APN1329940010007
Lot Number7
SubdivisionPatterson Grove
Land UseResidential
Legal DescriptionLT 7 BLK 1 PATTERSON GROVE
Census Tract510601
Assessed Land Value$125,035
Assessed Improvement Value$254,522
Assessment Year2025

About this property

Welcome to 1413 Patterson St! This Beautiful 3 bedroom/3.5 bath in the Rice Military/Washington corridor. Open space, New stainless steel appliances including a gas cooktop stove and wine fridge. There is 1 bedroom on the first floor and 2 bedrooms on the third floor. This home is across the street from West End Park and just minutes away from the top Houston restaurants and attractions. Home ready to move in. Washer, dryer and refrigerator included. Small Gated Community

Investor Tools

Property Icon
$458,000
Estimated Property Value
$336,000Estimated Mortgage Balance
$157,672Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,748 /month
Positive
Cash Flow Estimate:
$916 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$696/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,062
$379,557
2025
$125,035
$254,522
$379,557
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,062
$379,557

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ally Bank
Conventional
$336,000
No
First
Dec 18, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$300,328
$157,672
34%
66%
$2,015/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,015/mo
+$565/mo
6.8%

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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