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$456,000

NAL Estimated Property Value

1505 Sutton St, Houston, TX, 77006

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,928 Sq Ft
price_per_sqft$206.69 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Electric Range, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Lot Size1,912 sqft

Building Information

Year Built2001
Garage Spaces1

Land Information

APN1211500010004
Lot Number4
SubdivisionSutton-Gillette Townhomes
Land UseResidential
Legal DescriptionLT 4 BLK 1 SUTTON-GILLETTE T/H SEC 7
Census Tract410502
Assessed Land Value$172,080
Assessed Improvement Value$225,417
Assessment Year2025

About this property

Step into this sophisticated townhome located in the heart of Midtown! This impeccably maintained corner unit home is perfectly designed with 3 bedrooms, 2 1/2 bathrooms, a game room/flex space, numerous updates, and not to mention - a 3rd floor balcony with a million dollar view of downtown Houston! Updates include paint, chic new floors, vanities and lighting in both upstairs bathrooms. Enjoy the convenience of your first floor, open concept living and kitchen area. Beautiful quartz countertops, stainless steel appliances, hand scraped wood floors, and tons of natural light pours throughout the home. Enjoy your morning coffee on your downstairs patio or relax in the evening on the third floor overlooking the beautiful skyline. Ideally located in the Montrose-Midtown area within walking distance to numerous restaurants, nightlife, and just minutes to downtown. Walk around the corner to the Webster Dog Park. Come see this amazing home today, this one won’t last long!

Investor Tools

Property Icon
$456,000
Estimated Property Value
$333,998Estimated Mortgage Balance
$122,002Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,736 /month
Positive
Cash Flow Estimate:
$912 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$645/month
$1,383/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,456
$397,497
2025
$172,080
$225,417
$397,497
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,456
$397,497

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
T2 Financial Llc
Conventional
$365,750
No
First
Oct 12, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$333,998
$122,002
26%
73%
$2,193/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,576/mo
$-996/mo
6.8%

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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1505 Sutton St | Property Details | No Agent List