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$377,000

NAL Estimated Property Value

1621 Heights Blvd Apt 12, Houston, TX, 77008

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,400 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$271.43 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony, Courtyard

Building Information

Year Built2000

Land Information

APN1235320000012
Land UseResidential
Legal DescriptionUNIT 12 .0690 INT COMMON LAND & ELE 17TH STREET CONDO AMEND
Census Tract511302
Assessed Land Value$70,704
Assessed Improvement Value$301,421
Assessment Year2025

About this property

This fantastic 2 bed/2.5 bath condo is a hidden gem! Quaint 15 unit complex w/ private courtyard & sparkling pool. Corner unit w/ private balcony that spans the length of the unit. Open floor plan w/ hardwood floors & exceptional storage. Improvements made in 2020 include new electrical panel, blown in insulation, remodeled kitchen & primary bathroom, kitchen backsplash, floating shelves, kitchen faucet, Bosch dishwasher (2021), added butcher block along back wall for more counter space as well as additional custom cabinets w/ deep drawers for pots/pans and appliances & pull out cabinet for trash and recycling bins & more! One covered assigned space. Steps away from both Opera in the Heights & the Paul Carr Jogging Trail down Heights Boulevard Just 2 blocks away from 19th St shopping & dining. Tenant occupied until June 2023. The value in this versatile property, as a primary residence as well as a great investment. True hidden treasure.

Investor Tools

Property Icon
$377,000
Estimated Property Value
$0Estimated Mortgage Balance
$377,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,280 /month
Positive
Cash Flow Estimate:
$760 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$806/month
$520/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,786
$372,125
2025
$70,704
$301,421
$372,125
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,786
$372,125

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$411,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$520/mo
+$1,170/mo
5.4%

City: Houston

1621 Heights Blvd Apt 12 | Property Details | No Agent List