Street View

B+

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Owner Contacts

$748,489

1601 Park St, Houston, TX, 77019

Off Market

2 Beds

1 Bath

1,672 Sq Ft

Single Family Residence

$1.29 / sqft

Built in 1940

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher

Exterior

Lot Size5,001 sqft

Building Information

Year Built1940

Garage Spaces1

Land Information

APN0522760000006

Lot Number6

Land UseResidential

Legal DescriptionLT 6 BLK 2 OAKMONT

Census Tract410401

Assessed Land Value$625,000

Assessed Improvement Value$123,489

Assessment Year2025

About this property

Adorable, quiet, clean & unique! Hyde Park cottage very close to W Gray shopping strip. This is the main house. There is a garage apt in back that is leased to a nice young lady. Large front porch welcomes you. Huge 27x13 Living Room has large windows with views to enjoyable front yard that is fully fenced with wrought iron. Hardwood floors in Living, Dining, Hall & bedrooms. Large Kitchen & Brkfst room. And there is MORE! Stairs lead to a converted attic with 2 bonus rooms. Private back yard with brick paver patio & driveway. One parking space in garage. The washer & dryer are located in the garage and are shared with Apt Tenant. Landlord pays water, trash & landscaping. Check out the floor plan.

Investor Tools

$748,489

Estimated Property Value

$109,350Estimated Mortgage Balance

$748,489Estimated Equity

85% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,491 /month

Positive

Cash Flow Estimate:

$1,497 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,456/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$13,726

$748,489

2025

$625,000

$123,489

$748,489

Tax History

Year

Tax Paid

Assessed Value

2024

$13,726

$748,489

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Bancplus Mtg

N/A

$109,350

N/A

First

Jun 9, 1994

Jul 2024

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$748,489

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

N/A

+$1,960/mo

3.1%

Learn About the Market: Opportunity in Houston

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