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$175,000

1418 Vermont St Apt 2, Houston, TX, 77006

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths778 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$224.94 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Washer/Dryer
FlooringTile

Exterior

Lot Size6,665 sqft

Building Information

Year Built1961

Land Information

APN1122080000002
Land UseResidential
Legal DescriptionUNIT 2 .1126 INT COMMON LAND & ELE PRENTISS WM CONDO
Census Tract410402
Assessed Land Value$33,298
Assessed Improvement Value$141,957
Assessment Year2025

About this property

Beautifully updated home featuring a bright, clean interior with modern finishes throughout. The kitchen offers white cabinetry, marble-look quartz countertops, a stylish tile backsplash, stainless-steel appliances, and a convenient breakfast bar overlooking the living area. Wood-look tile flooring flows throughout the home, providing the warmth of wood with the durability of tile. The spacious living area is highlighted by a painted exposed-brick accent wall, crown molding, updated lighting, and French doors providing access to the outdoor space. The bedroom features plantation-style shutters and a ceiling fan. The updated bathroom showcases a walk-in shower with marble-look tile surround, mosaic tile flooring, a rainfall-style showerhead, contemporary black fixtures, and an updated vanity with modern lighting. The bedroom closet can accommodate a stackable washer/dryer with a vent box. Neutral paint, updated fixtures, and thoughtful finishes welcome you in.

Investor Tools

$116,420Estimated Mortgage Balance
$78,580Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,170 /month
Positive
Cash Flow Estimate:
$390 /month

Interested in this property?

Deb Ambrosi

Ambrosi Realty, Inc

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$218/month
$280/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,645
$175,255
2025
$33,298
$141,957
$175,255
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,645
$175,255

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Conventional
$134,100
No
First
Dec 12, 2019
Jan 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$116,420
$78,580
40%
60%
$804/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,084/mo
+$876/mo
12.1%

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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