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$449,000

1603 Patterson St Unit B, Houston, TX, 77007

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,018 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$222.5 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size1,455 sqft

Building Information

Year Built2022
Garage Spaces1

Land Information

APN1443970010009
Lot Number9
Land UseResidential
Legal DescriptionLT 9 BLK 1 PATTERSON SQUARE
Census Tract510601
Assessed Land Value$123,845
Assessed Improvement Value$351,455
Assessment Year2025

About this property

Location, location, location! This beautiful home blends style, comfort, & convenience. Enjoy the privacy and peaceful setting of the gated community. Lots of windows, luxury vinyl plank flooring, open-concept layout - truly a warm & inviting atmosphere. The kitchen features quartz countertops, sleek cabinetry, soft-closing drawers & seamlessly connects to the living area, making it ideal for both everyday living & entertaining. The spacious primary suite serves as a relaxing retreat, complete with a luxurious ensuite bath featuring a glass-door shower & soaking tub. Enjoy a low-maintenance turfed yard that offers the perfect balance of outdoor enjoyment & easy upkeep. Conveniently located in the West End neighborhood - walking distance to numerous eateries with quick access to I-10 & 610.

Investor Tools

$373,932Estimated Mortgage Balance
$102,051Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,852 /month
Positive
Cash Flow Estimate:
$951 /month

Interested in this property?

Kayla Sorrell

Pop Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$768/month
$1,295/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,837
$475,300
2025
$123,845
$351,455
$475,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,837
$475,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Low Va Rates Llc
Conventional
$404,191
No
First
Jul 18, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$373,932
$110,068
22%
79%
$2,424/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,719/mo
$-1,139/mo
6.5%

City: Houston

1603 Patterson St Unit B | Property Details | No Agent List