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Owner Contacts

$168,000

NAL Estimated Property Value

1607 San Sebastian Ln, Houston, TX, 77058

Off Market

2 Beds

3 Bath

1,280 Sq Ft

Condos / Townhouses

$142.19 / sqft

Built in 1975

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Dishwasher

FlooringCarpet, Laminate, Tile

Building Information

Year Built1975

Stories2

Garage Spaces2

Land Information

APN1061390000002

SubdivisionHeritage T/H Condo

Land UseResidential

Legal DescriptionTH 2 BLDG A HERITAGE T/H CONDO

Census Tract341204

Assessed Land Value$27,896

Assessed Improvement Value$118,923

Assessment Year2025

About this property

Welcome Home! To this lovely townhome nestled in beautiful, quiet Nassau Bay! Nice open floor plan with living/dining combo and open to kitchen. *New gate and fence coming soon!* Freshly painted and cleaned patio perfect for morning coffee. Updated windows throughout!! Brand new disposal. Bath fitter updated both showers/baths, new AC in 2015 and serviced by Weeks regularly! Nice wood like laminate flooring downstairs with modern color. Fridge 5 years old, stove 1 year old and faucets are newer. Two primary bedrooms upstairs with their own full bath! Close to all shopping and eateries and by famous Johnson Space Center! Hoa includes water, sewer, trash pick up, grounds, exterior of building, extra facilities and exterior insurance! Low maintenance for the homeowner. Schedule your private showing today! **NOW OFFERING 2k IN SELLER CONCESSIONS**

Investor Tools

$168,000

Estimated Property Value

$128,087Estimated Mortgage Balance

$39,913Estimated Equity

16% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,092 /month

Positive

Cash Flow Estimate:

$364 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$146/month

$530/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$912

$146,819

2025

$27,896

$118,923

$146,819

Yes (2023)

Tax History

Year

Tax Paid

Assessed Value

2024

$912

$146,819

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

J S C Federal Credit Union

Conventional

$134,400

First

Oct 26, 2023

Nov 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$128,087

$25,913

16%

76%

$806/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,470/mo

$1,336/mo

+$134/mo

10.5%

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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