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$552,000

NAL Estimated Property Value

1616 Colorado Street, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,257 Sq Ft
price_per_sqft$239.21 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,498 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN1446050010002
Lot Number2
Land UseResidential
Legal DescriptionLT 2 BLK 1 SKYLINE AT COLORADO
Census Tract510100
Assessed Land Value$126,000
Assessed Improvement Value$377,373
Assessment Year2025

About this property

ROOFTOP DECKS WITH DOWNTOWN VIEWS AND PRIVATE DRIVEWAYS. Homes are already under construction and NOW available for sale! Chance for buyers to secure their preferred unit before we are sold out! Please contact us for selections, availability and finishes. Skyline at Colorado is one of Skyline Homes' premier communities situated in the popular Sawyer Heights (Arts District). The community is within walking distance from running and jogging trails and minutes away from Houston’s most exciting restaurants and venues. These free-standing FOUR-story homes offer open concept living and are great for entertaining. Call today for more information on selections, finishes, availability, and to secure your new home before they are gone!

Investor Tools

Property Icon
$552,000
Estimated Property Value
$390,886Estimated Mortgage Balance
$161,114Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,312 /month
Positive
Cash Flow Estimate:
$1,104 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$861/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,572
$503,373
2025
$126,000
$377,373
$503,373
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,572
$503,373

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$429,900
No
First
May 26, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$390,886
$161,114
29%
71%
$1,756/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,756/mo
+$824/mo
5.6%

City: Houston

1616 Colorado Street | Property Details | No Agent List