1view

$1,968,000

1519 Driscoll St, Houston, TX, 77019

Off Market

4 Beds

5 Bath

4,175 Sq Ft

Single Family Residence

$478.8 / sqft

Built in 2024

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 4

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Double Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Refrigerator

FlooringMarble, Tile, Wood

Exterior

Lot Size5,001 sqft

Building Information

Year Built2024

Stories2

Garage Spaces2

Land Information

APN0520700710016

Lot Number16

SubdivisionHyde Park Main

Land UseResidential

Legal DescriptionLT 16 BLK 71 HYDE PARK MAIN SEC 6

Census Tract410401

Assessed Land Value$625,000

Assessed Improvement Value$1,249,200

Assessment Year2025

About this property

Another Stunning Offering from Gotham Development and Allie Wood Design Studio! This is a Chic, Modern home with cool architectural detailing! Features Include: Painted Brick Exterior, Pella Windows, 7 Inch wire brushed white oak floors throughout (Except Wet Areas), Expansive Foyer, Floating Staircase, Incredible Millwork, Formal Dining Room, Butler's Bar, First Floor Library, Family Room, Incredible Primary Suite with ''Spa Like'' Bath & Large Wardrobe and Coffee Bar. Game Room on the Second Floor, along with all 4 Bedrooms. Room for a Pool! Elevator Capable! Estimated Completion Date Sept. 20th, 2024. Walking distance to the River Oaks Shopping Center, Buffalo Bayou Park and minutes by car to downtown Houston, the Medical Center and Rice! Pictures online are from Aug 26, 2024. This home is almost complete.

Investor Tools

$1,968,000

Estimated Property Value

$1,499,250Estimated Mortgage Balance

$497,083Estimated Equity

24% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$11,994 /month

Positive

Cash Flow Estimate:

$3,998 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,910/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$13,077

$1,874,200

2025

$625,000

$1,249,200

$1,874,200

Tax History

Year

Tax Paid

Assessed Value

2024

$13,077

$1,874,200

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Fbc Mortgage Llc

Conventional

$1,499,250

First

Oct 29, 2024

Nov 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,470,917

$487,083

24%

75%

$9,232/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

$9,232/mo

$-5,892/mo

2.0%

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