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$295,325

1618 Benson St, Houston, TX, 77020

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,585 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$205.04 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Microwave, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size2,500 sqft

Building Information

Year Built2023
Garage Spaces1

Land Information

APN1467510010001
Lot Number1
Land UseResidential
Legal DescriptionLT 1 BLK 1 ESTATES AT BENSON STREET
Census Tract211301
Assessed Land Value$70,000
Assessed Improvement Value$225,325
Assessment Year2025

About this property

MOVE IN READY! BUILDER CLOSEOUT PRICE! Welcome to Benson Street Court in North East Downtown – a three-bedroom, two-and-a-half-bath haven with a private driveway and expansive 25'x25' fenced yard. Inside, discover first floor living with designer finishes that elevate each room. The primary has a spacious closet, luxurious freestanding soaking tub and a covered patio. A covered back porch off the living room offers an extension of your living room to the outdoors. Centrally located, this home offers quick access to multiple neighborhoods and entertainment options. Ring Security floodlight and alarm systems is standard. No HOA!

Investor Tools

Property Icon
$295,325
Estimated Property Value
$319,103Estimated Mortgage Balance
$0Estimated Equity
-8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$369/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,956
$295,325
2025
$70,000
$225,325
$295,325
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,956
$295,325

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Fha
$319,103
Yes
First
Jun 28, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$320,458
N/A
0%
109%
$1,991/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,991/mo
$-269/mo
7.0%

Learn About the Market: Opportunity in Houston

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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1618 Benson St | Property Details | No Agent List