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Owner Contacts

$313,000

NAL Estimated Property Value

1441 East St Unit 304, Houston, TX, 77007

Off Market

1 Beds

1 Bath

893 Sq Ft

$251.96 / sqft

Built in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Refrigerator, Dishwasher, Washer/Dryer

Building Information

Year Built2003

Land Information

APN1253690000027

SubdivisionThe Heights At Madison Park

Land UseResidential

Legal DescriptionUNIT 304 .0271 INT COMMON LAND & ELE THE HEIGHTS AT MADISON PARK CONDO AMEND

Census Tract510202

Assessed Land Value$41,874

Assessed Improvement Value$178,515

Assessment Year2025

About this property

Extremely well maintained, updated 1/1 with study. View from balcony overseeing the White Oak Bayou trail near Heights Blvd., Studemont Street, and I-10. Residents are surrounded by the best restaurants, bars, and shopping that Houston has to offer. Property has direct access to the trails. Lowest HOA dues within 610 Loop. HOA dues include water, trash, cable, common areas, grounds maintenance, landscaping, and access gate. Updates include stunning new wood floors throughout the home (no carpet!), backsplash in the kitchen, and new stainless steel appliances. Unit features high ceilings, crown molding throughout, extra storage closet on balcony and on the first floor, double sinks in the bathroom, stand up tiled shower AND garden tub. Washer and Dryer comes with this unit. This stunning home won't last - call today!

Investor Tools

$313,000

Estimated Property Value

$178,981Estimated Mortgage Balance

$134,019Estimated Equity

18% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,878 /month

Positive

Cash Flow Estimate:

$626 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$440/month

$270/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,719

$220,389

2025

$41,874

$178,515

$220,389

Tax History

Year

Tax Paid

Assessed Value

2024

$3,719

$220,389

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Hometrust Mortgage Co

Conventional

$197,500

First

Jun 28, 2021

Jul 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$178,981

$41,408

18%

57%

$1,185/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,640/mo

$1,455/mo

+$185/mo

6.3%

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