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$466,221

NAL Estimated Property Value

1420 Moritz Drive, Houston, TX, 77055

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,055 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$221.41 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Lot Size1,925 sqft

Building Information

Year Built2000
Garage Spaces1

Land Information

APN1199790010043
SubdivisionHilshire Park
Land UseResidential
Legal DescriptionTR 15 BLK 1 HILSHIRE PARK
Census Tract520700
Assessed Land Value$116,179
Assessed Improvement Value$350,042
Assessment Year2025

About this property

Move-In-Ready 3/2.5 home zoned to Valley Oaks Elementary & Memorial High School! Don’t miss out on one of the most affordable deals in Spring Branch! Spacious kitchen with gas range, kitchen island, walk-in pantry, granite countertops & generously sized attached dining or flex area! Freshly painted throughout! Inviting living room with recently refinished hardwood flooring, recessed lights, gas fireplace, triple-crown molding & tons of natural light! Great wet bar w/ built-in storage next to the additional dining or flex space! Home elevator ready! 3rd floor master retreat with hardwood flooring, vaulted ceilings & fresh paint. Master bathroom boasts dual vanities, a soaking tub & 3 closets! 2 bedrooms with a jack-and-jill bathroom on the first level. Located across from the Moritz Pech Family Park & Dog Park! Short drive to the Galleria, Memorial Park, Memorial City Mall & Energy Corridor. Houston Racquet Club, the Houstonian, Whole Foods, Trader Joe & HEB are just around the corner!

Investor Tools

Property Icon
$466,221
Estimated Property Value
$253,955Estimated Mortgage Balance
$212,266Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,797 /month
Positive
Cash Flow Estimate:
$932 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$597/month
$1,100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,838
$466,221
2025
$116,179
$350,042
$466,221
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,838
$466,221

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Arm (Adjustable Rate Mortgage)
$287,000
No
First
Apr 20, 2015
May 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$253,955
$212,266
45%
54%
$1,550/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,650/mo
$-928/mo
4.4%

City: Houston

1420 Moritz Drive | Property Details | No Agent List