8Days on Market

1view

$3,495

$4,800

1427 Scharpe St, Houston, TX, 77023

On Market

Just Added

Price Drop

4 Beds

2 Bath

2,386 Sq Ft

Single Family Residence

$1.46 / sqft

Built in 2016

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Lot Size6,251 sqft

Building Information

Year Built2016

Garage Spaces1

Land Information

APN0542480000026

Lot Number26

SubdivisionBroadmoor

Land UseResidential

Legal DescriptionLT 26 BLK 12 BROADMOOR

Census Tract310600

Assessed Land Value$156,250

Assessed Improvement Value$414,937

Assessment Year2025

About this property

Luxury residence in one of Houston's most sought-after locations just 1.2 miles from the University of Houston & minutes from Downtown, the Texas Medical Center, EaDo, & Houston's premier dining, entertainment, & sporting venues. Designed for those who appreciate quality & convenience, the home showcases sophisticated interiors, designer furnishings, spacious living areas, & upscale finishes throughout. Whether you're an executive relocating to Houston, a professor, medical professional, or simply seeking a refined turnkey residence, every detail has been thoughtfully curated for effortless living. Enjoy the privacy of a beautifully appointed home while remaining connected to the very best the city has to offer. Luxury, location, & convenience converge in this truly exceptional lease opportunity. Pets considered on case by case basis. See attached doc for rental criteria. ***ALSO AVAILABLE FULLY FURNISHED FOR $4,200 PER MONTH

Investor Tools

$571,187

Estimated Property Value

$383,995Estimated Mortgage Balance

$230,034Estimated Equity

33% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,427 /month

Positive

Cash Flow Estimate:

$1,142 /month

Interested in this property?

Brooke Anop

Texastar Properties

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$919/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,170

$571,187

2025

$156,250

$414,937

$571,187

Tax History

Year

Tax Paid

Assessed Value

2024

$8,170

$571,187

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Regions Bank

Conventional

$383,995

First

Oct 15, 2020

Nov 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$341,847

$229,340

40%

60%

$2,303/mo

Learn About the Market: Opportunity in Houston

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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.

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