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$584,000

NAL Estimated Property Value

1416 Prince St, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,449 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$175.17 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Lot Size2,500 sqft

Building Information

Year Built2009
Garage Spaces2

Land Information

APN0391160000548
Lot Number500
SubdivisionHouston Heights Annex
Land UseResidential
Legal DescriptionLT 500 HOUSTON HEIGHTS ANNEX
Census Tract511201
Assessed Land Value$225,000
Assessed Improvement Value$276,000
Assessment Year2025

About this property

This gated 2-story home offers 1st-floor living with hardwood flooring, spacious kitchen with granite countertops, stainless steel appliances, plus a bonus coffee/wine bar area. The large living room has plenty of natural light with views of the backyard. You will be impressed by the amount of storage and ample closet space this home boasts. Upstairs offers a split floor-plan and a bonus space-which would be perfect for your home office or game room. The primary bedroom has all of the space you need, in addition to a sitting area, and the primary bath offers dual vanities and a massive closet w/built-ins. Get ready to enjoy BBQ's in the low maintenance backyard equipped with astroturf. Rare opportunity to purchase from original owners. Minutes from many of the great restaurants, bars, and shopping that The Heights has to offer. Fresh interior paint and exterior paint. NO HOA!

Investor Tools

Property Icon
$584,000
Estimated Property Value
$514,787Estimated Mortgage Balance
$69,213Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,504 /month
Positive
Cash Flow Estimate:
$1,168 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$840/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,155
$501,000
2025
$225,000
$276,000
$501,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,155
$501,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$527,250
No
First
Jan 16, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$514,787
$70,213
12%
88%
$3,162/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$3,162/mo
$-932/mo
4.6%

City: Houston

1416 Prince St | Property Details | No Agent List