4view

Owner Contacts

$398,000

NAL Estimated Property Value

1434 Godwin St, Houston, TX, 77023

Off Market

4 Beds

4 Bath

2,302 Sq Ft

$155.91 / sqft

Built in 1935

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Free-Standing Range, Gas Cooktop, Dishwasher, Dryer, Oven, Washer

FlooringCarpet, Tile

Exterior

Lot Size6,251 sqft

Building Information

Year Built1935

Garage Spaces2

Land Information

APN0542460000009

Lot Number9

SubdivisionBroadmoor

Land UseResidential

Legal DescriptionLT 9 BLK 10 BROADMOOR

Census Tract310600

Assessed Land Value$156,250

Assessed Improvement Value$212,851

Assessment Year2025

About this property

Check out this former Duplex renovated 15 yrs ago to a 2 Story 4/3.5/2 Brick Single Family Residence home with a 1 bedroom 1 bath Garage Apt. Located in the Much Desired East End Revitalized Area of Broadmoor Subdivision. The Master bedroom located downstairs with a large inviting living room and open concept kitchen/dining combo which opens up to a spacious Den in back with 1/2 bath in corner. Upstairs includes a game room or 2nd living space with 3 nice size bedrooms and 2 full baths. Home in need of updates. HVAC AC less than a year old. Newly painted 1 bed/1bath Garage Apt separated by a serene courtyard. Garage apt could be great rental income or mother-in-law quarters. Minutes from Downtown, UH, Midtown, Medical District and more. Easy Access to The Rail, The Metro, I-45/59/610/225 & Walking Distance to the Amazon Distribution Center. Call today to schedule your showing

Investor Tools

$398,000

Estimated Property Value

$191,583Estimated Mortgage Balance

$206,417Estimated Equity

54% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,388 /month

Positive

Cash Flow Estimate:

$796 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$442/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,316

$369,101

2025

$156,250

$212,851

$369,101

Tax History

Year

Tax Paid

Assessed Value

2024

$3,316

$369,101

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Mid-American Mortgage Inc

Conventional

$211,000

First

Jul 23, 2021

Aug 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$191,583

$233,417

54%

48%

$1,266/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$1,266/mo

+$960/mo

6.7%

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