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$192,000

NAL Estimated Property Value

1602 Elgin Street 1, Houston, TX, 77004

Off MarketInfo
LeaseInfo
Beds1 Beds
Baths1 Bath
Baths688 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$2.18 / sqft
Year BuiltBuilt in 2004

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringTile

Building Information

Year Built2004
Garage Spaces1

Land Information

APN1251070000001
Land UseResidential
Legal DescriptionUNIT 1 .0329 INT COMMON LAND & ELE PARK LOFTS CONDO
Census Tract312502
Assessed Land Value$35,335
Assessed Improvement Value$150,640
Assessment Year2025

About this property

Contemporary one bedroom loft has 2 entrances. Condo has been updated. Italian travertine marble floor in all common areas, slate tile in the bathroom and patio. It also has stainless steel appliances, maple wood cabinetry in the open kitchen area as well as in the bathroom with whirlpool tub. High ceilings. Open kitchen has a long granite countertop which extends at the end to form a dining area. An AMAZING OPPORTUNITY to live in a beautiful home. Schedule an appointment today !!!!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$424/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,128
$185,975
2025
$35,335
$150,640
$185,975
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,128
$185,975

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Chicago Mortgage Solutions Corp
Conventional
$136,800
No
First
Jun 8, 2016
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$108,070
$83,930
43%
56%
$821/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$821/mo
+$274/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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1602 Elgin Street 1 | Property Details | No Agent List