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$395,000

1616 Live Oak St, Houston, TX, 77003

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,771 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.04 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Exterior FeaturesBalcony
Lot Size1,551 sqft

Building Information

Year Built2007
Garage Spaces1

Land Information

APN1275700010005
Lot Number5
Land UseResidential
Legal DescriptionLT 5 BLK 1 SIGNE OAKS PAR AMEND
Census Tract310200
Assessed Land Value$82,781
Assessed Improvement Value$305,902
Assessment Year2025

About this property

Corner stand-alone townhome in a gated community offering 3 bedrooms/3 full ensuite bathrooms. 1st floor offers a private guest bedroom with beautiful travertine flooring throughout. Wood stairs lead to the 2nd floor living space featuring refinished wood flooring, soaring ceilings, abundant windows offering natural light. Open-concept kitchen flows into the living and dining areas. Tons of cabinetry, stainless appliances, and Vissani wine cooler in a dedicated bar area. Quaint balcony just off the family room and a large secondary bedroom! Spacious primary suite located on the 3rd floor features a large walk-in closet and luxurious bath w/double vanities, separate shower and soaker tub. Other features include a small home office area with built-ins, new carpet in the bedrooms, fresh interior paint throughout, 3" blinds, laundry area with shelving, and tons of storage. Located just minutes from Downtown, the Medical Center, Museums, the Galleria and major sports venues!

Investor Tools

$205,316Estimated Mortgage Balance
$185,487Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

Interested in this property?

Jorge Diaz

HomeSmart

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$619/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,480
$388,683
2025
$82,781
$305,902
$388,683
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,480
$388,683

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$231,572
No
First
Jul 27, 2020
Aug 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$205,316
$183,367
47%
53%
$1,389/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$1,389/mo
+$701/mo
6.5%

City: Houston

1616 Live Oak St | Property Details | No Agent List