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$526,000

NAL Estimated Property Value

1512 Colorado St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,364 Sq Ft
price_per_sqft$236.46 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,755 sqft

Building Information

Year Built2014
Garage Spaces2

Land Information

APN1310190010004
Lot Number4
SubdivisionBingham Square T/H
Land UseResidential
Legal DescriptionLT 4 BLK 1 BINGHAM SQUARE T/H AMEND
Census Tract510100
Assessed Land Value$134,280
Assessed Improvement Value$384,557
Assessment Year2025

About this property

Step into 1512 Colorado - a rare *4-bedroom* gem in Houston’s First Ward. The owners added a TRUE 4th bedroom on the third floor, which opens directly to the roof patio with stunning views of the Downtown skyline. This is the perfect spot for coffee mornings, sunset happy hours, or vibing late night under the open sky. Move-in ready, the home features fresh paint; refinished, genuine hardwood floors; and an updated kitchen backsplash. The 2nd floor main living features an open-concept thats ideal for entertaining. Wide streets and ample street parking make hosting friends or having roommates a breeze, which isn't always the case in Houston's inner loop. Located just minutes from Downtown, Sawyer Yards, and the Washington Corridor, plus close to Buffalo Bayou Park and local hotspots like Julep, Aiko, and B&B Butchers. Enjoy the best of city living with unbeatable skyline views. Don’t miss this First Ward beauty - schedule your showing today!

Investor Tools

Property Icon
$526,000
Estimated Property Value
$348,844Estimated Mortgage Balance
$177,156Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,354 /month
Positive
Cash Flow Estimate:
$1,118 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$892/month
$56/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,069
$518,837
2025
$134,280
$384,557
$518,837
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,069
$518,837

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Va
$355,640
Yes
First
Apr 23, 2025
Jul 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$348,844
$184,156
34%
66%
$2,133/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,189/mo
+$391/mo
5.9%

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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1512 Colorado St | Property Details | No Agent List