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$185,975

NAL Estimated Property Value

1602 Elgin Street 2, Houston, TX, 77004

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths688 Sq Ft
price_per_sqft$297.97 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Refrigerator, Dishwasher, Washer/Dryer
FlooringTile

Exterior

Exterior FeaturesStorage, Courtyard

Building Information

Year Built2004

Land Information

APN1251070000002
Land UseResidential
Legal DescriptionUNIT 2 .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

Ideally located in highly sought-after Midtown; this cozy condo is a design lover's dream! This completely updated condominium has direct courtyard access to gated reserved parking and an extra storage closet. The private front patio overlooks Elizabeth Baldwin Park and affords walk-ability to numerous restaurants, bars, coffee shops, Whole Foods and H-E-B . Easy access to interstate 45, 1-10, 288, and 59. Minutes from Buffalo Bayou Park, Metro Rail, Museum District, Herman Park, and Medical Center. 2018 Updates include new appliances, custom lighting, designer flooring, fresh paint, and more!

Investor Tools

Property Icon
$185,975
Estimated Property Value
$0Estimated Mortgage Balance
$185,975Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,230 /month
Positive
Cash Flow Estimate:
$410 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$422/month
$166/month
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

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$185,975
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$166/mo
+$929/mo
7.1%

City: Houston

1602 Elgin Street 2 | Property Details | No Agent List