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$329,000

1602 Colorado Street Unit A, Houston, TX, 77007

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,842 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.61 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Double Oven, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size2,004 sqft

Building Information

Year Built2006
Garage Spaces2

Land Information

APN1273320010019
Lot Number19
SubdivisionMerfish Colorado
Land UseResidential
Legal DescriptionLT 19 BLK 1 MERFISH COLORADO
Census Tract510100
Assessed Land Value$108,120
Assessed Improvement Value$206,935
Assessment Year2025

About this property

Located in the Art District and Minutes from Downtown, Washington Street with Easy Access to I-10 and I-45. Freestanding Beautiful HOME in GATED Community of Sawyer Heights Village. Beautiful cobblestone drive upon entering the gates ~ Home is designed for entertaining, 10 Ceilings, 2 Car Garage, Crown molding, Beautiful hardwoods. Granite Kitchen counters with lots of Cabinets! Private master suite with spacious sitting area and two LARGE closets. Secondary Bedroom on first floor with Full bath. Cozy rear yard. Minutes from Downtown, Washington Street /Easy Access to I-10 and I-45. Home Features Split Bedroom Floor plan, Incredible Open Kitchen, Hardwood Flooring Throughout Dining Room and Family Room, 10-foot Ceilings, 2 Car Garage and Fenced in Private Backyard.

Investor Tools

$297,953Estimated Mortgage Balance
$17,102Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,974 /month
Positive
Cash Flow Estimate:
$658 /month

Interested in this property?

Kelly Farmer

Coldwell Banker Realty - Sugar Land

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$538/month
$2,633/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,879
$315,055
2025
$108,120
$206,935
$315,055
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,879
$315,055

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Watermark Capital Inc
Unknown
$299,250
No
First
Jun 5, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,953
$17,102
5%
95%
$1,795/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$4,428/mo
$-2,468/mo
7.5%

City: Houston

1602 Colorado Street Unit A | Property Details | No Agent List