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$746,000

NAL Estimated Property Value

1629 Bonnie Brae St, Houston, TX, 77006

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths2,038 Sq Ft
price_per_sqft$318.89 / sqft
Year BuiltBuilt in 1930

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
FlooringHardwood

Exterior

Exterior FeaturesPrivate Entrance
Lot Size5,998 sqft

Building Information

Year Built1930
Stories2

Land Information

APN0392240050008
Lot Number8
SubdivisionCastle Court
Land UseCommercial
Legal DescriptionLT 8 BLK 10 CASTLE COURT
Census Tract410900
Assessed Land Value$540,000
Assessed Improvement Value$170,813
Assessment Year2025

About this property

Here is your opportunity to own a duplex in Montrose. No HOA, zoned residential or commercial! Each unit features two bedrooms and one full bath. The lower unit features marble floors, central AC, as well as expansive parking in the rear of the home. The upper unit features hardwoods, central AC, and expansive living spaces. New roof and AC units in Sept 2022. Call to schedule today!

Investor Tools

Property Icon
$746,000
Estimated Property Value
$344,013Estimated Mortgage Balance
$401,987Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,476 /month
Positive
Cash Flow Estimate:
$1,492 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,508/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,362
$710,813
2025
$540,000
$170,813
$710,813
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,362
$710,813

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Visionary Lenders
Conventional
$354,000
No
First
Oct 10, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$344,013
$395,987
53%
46%
$2,123/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,123/mo
+$1,217/mo
5.4%

City: Houston

1629 Bonnie Brae St | Property Details | No Agent List