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$699,000

1617 Wichita St, Houston, TX, 77004

On MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,591 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$269.78 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

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

Exterior

Exterior FeaturesBalcony
Lot Size1,925 sqft

Building Information

Year Built2015
Garage Spaces2

Land Information

APN1296580010001
Lot Number1
SubdivisionJackson T/H
Land UseResidential
Legal DescriptionLT 1 BLK 1 WICHITA JACKSON T/H
Census Tract312602
Assessed Land Value$137,824
Assessed Improvement Value$514,655
Assessment Year2025

About this property

In the heart of the Museum District, 1617 Wichita offers superb craftsmanship, contemporary design, private driveway convenience, and an oversized covered terrace with fireplace. Such a rare opportunity near Hermann Park, museums, the Rail, TMC, Downtown, and Rice Village. Built by award winning On Point Custom Homes, this elevator capable residence also features high ceilings, wood flooring, art lighting, and light filled living. Also equipped with a whole home dehumidifier and no HOA. The open living and dining spaces flow into a chef’s kitchen with Bertazzoni range, 10 foot island, Carrara marble counters, 48 inch built in refrigerator, under cabinet lighting, walk in pantry, and RO water filtration. The 3rd floor spacious primary suite offers a stunning magazine worthy en-suite with dual sinks, soaking tub, separate shower, and expansive walk in closet. Ample storage with 3 addtl storage closets & custom storage in the Garage and 2 secondary bedrooms include their own en-suites.

Investor Tools

$318,193Estimated Mortgage Balance
$334,286Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

Interested in this property?

Somer Padilla

Compass RE Texas, LLC - The Woodlands

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,114/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,110
$652,479
2025
$137,824
$514,655
$652,479
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,110
$652,479

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Assurance Financial Group Llc
Conventional
$335,000
No
First
Sep 26, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$318,193
$334,286
51%
49%
$2,009/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,009/mo
$-287/mo
3.2%

City: Houston

1617 Wichita St | Property Details | No Agent List