1view

Owner Contacts

$470,000

NAL Estimated Property Value

1618 Ovid St, Houston, TX, 77007

Off Market

3 Beds

4 Bath

2,080 Sq Ft

Single Family Residence

$247.6 / sqft

Built in 2013

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Wine Refrigerator, Electric Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size1,403 sqft

Building Information

Year Built2013

Garage Spaces1

Land Information

APN1340380010004

Lot Number4

SubdivisionSawyer Park Place

Land UseResidential

Legal DescriptionLT 4 BLK 1 SAWYER PARK PLACE

Census Tract510100

Assessed Land Value$125,798

Assessed Improvement Value$331,128

Assessment Year2025

About this property

Fabulous freestanding patio home located in the booming Arts District! This gorgeous 3 bedroom/3.5 home is perfectly situated on quiet street with stunning views of Downtown. Ideal floor plan with first floor guest bedroom or optional office. Light filled living spaces are featured on the second floor, along with gleaming hardwoods and soaring ceilings. The timeless kitchen boasts abundance of cabinetry, eat-in island, gas range and Stainless Steel Appliances. Lovely balcony off of living room. Spacious primary suit with generous walk-in closet and bath including soaking tub, separate shower and dual vanities. Fourth level features incredible rooftop patio with Trex Deck and an exceptional view of Houston skyline. HOA includes private community dog park. ONE block from Bike trail! Amazing proximity to restaurant, retail and grocery… the perfect place to call home!!

Investor Tools

$470,000

Estimated Property Value

$466,329Estimated Mortgage Balance

$3,671Estimated Equity

1% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,090 /month

Positive

Cash Flow Estimate:

$1,030 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$823/month

$1,425/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,529

$456,926

2025

$125,798

$331,128

$456,926

Tax History

Year

Tax Paid

Assessed Value

2024

$7,529

$456,926

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Fha

$468,360

Yes

First

Feb 19, 2026

Mar 2056

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$466,329

$6,671

99%

$2,809/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$4,234/mo

$-1,654/mo

6.6%

Learn About the Market: Opportunity in Houston

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 This Area