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$2,566,000

1706 Banks St, Houston, TX, 77098

Off MarketInfo
Beds5 Beds
Baths6 Bath
Baths5,129 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$506.73 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Ice Maker, Double Oven, Microwave, Gas Range, Dishwasher, Oven, Refrigerator
FlooringTile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size8,224 sqft

Building Information

Year Built2022
Stories2
Garage Spaces3

Land Information

APN0562510010016
SubdivisionWest Edgemont
Land UseResidential
Legal DescriptionTRS 1A & 2A BLK 1 WEST EDGEMONT
Census Tract411901
Assessed Land Value$818,110
Assessed Improvement Value$1,462,456
Assessment Year2025

About this property

Stunning new offering from Croix Custom Homes in Blvd. Oaks. This Transitional home has everything you need! An over-sized 8228 sq. ft. lot (Per HCAD), on a tree lined street with a floor plan that is made for formal entertaining and casual family living. This home offers an impressive Foyer, Library, Formal Dining Room, Butler's Pantry and a Huge Full Bar! Incredible Family Room with a fireplace, built-ins, boxed beam ceiling open to the Island Kitchen with an wonderful appliance package & breakfast room. Mud Room, Powder Room and a Guest Suite or Mother-in-law suite on the first floor with a Private Bath. Upstairs you will find 4 Bedrooms, Including the Primary Suite with an impressive Bath & Wardrobe. Second Floor Game Room with a Boxed Beamed Ceiling. There is a 3 Car Garage, Outdoor Pavilion with a wood burning fireplace, grill & under-counter refrigerator. Elevator capability, large yard with room for a pool. Pool in rendering not included with the price of the home.

Investor Tools

Property Icon
$2,566,000
Estimated Property Value
$2,399,000Estimated Mortgage Balance
$298,975Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,594 /month
Positive
Cash Flow Estimate:
$5,198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$5,623/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$54,650
$2,280,566
2025
$818,110
$1,462,456
$2,280,566
No

Tax History

Year
Tax Paid
Assessed Value
2024
$54,650
$2,280,566

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens National Bank
Purchase Money Mortgage
$2,399,000
No
First
May 25, 2023
May 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,267,025
$48,975
2%
88%
$14,384/mo

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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