Street View

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Owner Contacts

$841,000

1605 Utah St, Houston, TX, 77007

Off Market

3 Beds

4 Bath

3,388 Sq Ft

Condos / Townhouses

$250.59 / sqft

Built in 2021

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher

FlooringTile

Exterior

Exterior FeaturesBalcony

Lot Size1,442 sqft

Building Information

Year Built2021

Garage Spaces2

Land Information

APN1408180010002

Lot Number2

Land UseResidential

Legal DescriptionLT 2 BLK 1 TYNE STREET TERRACES

Census Tract510602

Assessed Land Value$173,929

Assessed Improvement Value$478,221

Assessment Year2025

About this property

Modern Living in the Heart of Rice Military! Explore a collection of three luxury 4-story townhomes — 1603, 1605 & 1607 Utah Street — each offering contemporary design, prime location, and low-maintenance living just minutes from Memorial Park, Downtown Houston, and top Washington Corridor dining. This residence at 1605 Utah Street features 3 bedrooms, 3.5 baths, a bright open-concept layout, high ceilings, designer finishes, and a chef’s kitchen with quartz countertops, soft-close cabinetry, and stainless steel appliances. The first-floor bedroom with en-suite bath can double as an office or guest suite, while the private balcony provides a relaxing outdoor retreat. No HOA and move-in ready! Tour all three — with 1607 beautifully staged to showcase the layout and design. Perfect for professionals, investors, or anyone seeking modern inner-loop living.

Investor Tools

$841,000

Estimated Property Value

$1,500,000Estimated Mortgage Balance

$0Estimated Equity

-78% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,094 /month

Positive

Cash Flow Estimate:

$1,698 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,603/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$15,035

$652,150

2025

$173,929

$478,221

$652,150

Tax History

Year

Tax Paid

Assessed Value

2024

$15,035

$652,150

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Shiraz Pirali

Stand Alone First / Home Equity First Lien

$1,500,000

First

May 25, 2023

Nov 2023

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,417,481

N/A

169%

$8,994/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$8,994/mo

$-6,414/mo

3.7%

Learn About the Market: Opportunity in Houston

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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.

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