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$1,001,000

1708 Elmen St, Houston, TX, 77019

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,853 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$236.59 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Lot Size2,500 sqft

Building Information

Year Built1994
Garage Spaces2

Land Information

APN0520570320012
Lot Number12
SubdivisionHyde Park Main
Land UseResidential
Legal DescriptionS 1/2 OF LT 12 BLK 32 HYDE PARK MAIN
Census Tract410401
Assessed Land Value$275,000
Assessed Improvement Value$315,555
Assessment Year2025

About this property

This home is first floor living at its finest & within walking distance to fabulous restaurants & the River Oaks Shopping center. Checked tile greets you as you enter this gorgeous, contemporary styled home w/ hardwood flooring on the first & second floors. The kitchen opens onto the family room w/ an incredible wall of built-in bookshelves & a gorgeous view of the backyard. The kitchen has an island w/ bar seating. Wait until you see the primary bedroom on the second floor! You'll fall in love w/the additional study/reading nook that leads to the Juliet balcony overlooking the backyard. The front bedroom has a walk out balcony. The third floor has a large game room/studio/office w/a huge walk-in closet and separate walk-in attic space. The brand new composite deck provides a great outdoor space. The refrigerator, washer & dryer, all less than two years old, stay! Well cared for w/ no pets or children in the home. Look no further. This is It!!

Investor Tools

Property Icon
$1,001,000
Estimated Property Value
$524,000Estimated Mortgage Balance
$515,346Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,006 /month
Positive
Cash Flow Estimate:
$2,002 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,098/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,175
$590,555
2025
$275,000
$315,555
$590,555
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,175
$590,555

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Top One Mortgage
Conventional
$524,000
No
First
Jun 30, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$485,654
$475,346
49%
49%
$3,142/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,142/mo
$-562/mo
3.1%

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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