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$573,000

NAL Estimated Property Value

1416 Southmore Blvd, Houston, TX, 77004

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,554 Sq Ft
price_per_sqft$213.39 / sqft
Year BuiltBuilt in 2007

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
AppliancesOven, Convection Oven, Gas Cooktop, Dishwasher, Disposal, Dryer, Microwave, Double Oven, Refrigerator, Washer, Water Heater
FlooringTile, Wood

Exterior

Exterior FeaturesPrivate Yard
Lot Size2,012 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN1263080010002
Lot Number2
SubdivisionSouthmore Par R/P
Land UseResidential
Legal DescriptionLT 2 BLK 1 SOUTHMORE SEC 2 PAR R/P
Census Tract312602
Assessed Land Value$138,496
Assessed Improvement Value$411,992
Assessment Year2025

About this property

Spectacular townhome with downtown views. Hardwoods and stone flooring, commercial grade windows and stainless steel appliances. Bosche washer/dryer, Jenn-Aire commercial grade refrigerator, flat screen TV and Bose speakers. Front/backyards, balcony and rooftop terrace. No HOA! Private driveway fits 4 cars; spacious garage. Walking distance to 19 museums, zoo, Hermann Park, 18-hole golf course, light rail line. Equidistant to downtown and med center (2.6 miles). Easy access to major highways.Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$573,000
Estimated Property Value
$416,267Estimated Mortgage Balance
$157,587Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,438 /month
Positive
Cash Flow Estimate:
$1,146 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$938/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,393
$550,488
2025
$138,496
$411,992
$550,488
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,393
$550,488

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$469,500
No
First
Jun 18, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$416,267
$174,733
29%
73%
$2,815/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,815/mo
$-1,093/mo
3.6%

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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1416 Southmore Blvd | Property Details | No Agent List