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$573,187

NAL Estimated Property Value

1609 Welch St Apt B, Houston, TX, 77006

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,265 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.41 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Oven
FlooringCarpet, Tile, Wood

Exterior

Lot Size1,533 sqft

Building Information

Year Built2005
Garage Spaces1

Land Information

APN1269760010002
Lot Number2
SubdivisionStars On Welch
Land UseResidential
Legal DescriptionLT 2 BLK 1 STARS ON WELCH
Census Tract410402
Assessed Land Value$145,730
Assessed Improvement Value$427,457
Assessment Year2025

About this property

Contemporary 3bed/3.5 bath Townhome located in Prime Montrose Area within walking distance to River Oaks Shops & trendy Montrose Restaurants! Home layout is perfect for entertaining with features such as Open concept Living Area, 4th floor terrace, 10ft Ceilings, Granite Counters, gleaming hardwood floors, Plush carpeting, large Bay Windows, Balcony, and sizable Rooftop Terrace, and much more!

Investor Tools

Property Icon
$573,187
Estimated Property Value
$322,317Estimated Mortgage Balance
$250,870Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,439 /month
Positive
Cash Flow Estimate:
$1,146 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,172/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,196
$573,187
2025
$145,730
$427,457
$573,187
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,196
$573,187

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Top One Mortgage
Conventional
$323,250
No
First
Mar 30, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$322,317
$250,870
43%
56%
$1,939/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,939/mo
+$641/mo
5.4%

City: Houston

1609 Welch St Apt B | Property Details | No Agent List