1view

$2,117,000

1714 Elmen St, Houston, TX, 77019

Off Market

4 Beds

4 Bath

4,161 Sq Ft

Single Family Residence

$480.41 / sqft

Built in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Ice Maker, Microwave, Dishwasher, Refrigerator

FlooringTile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen

Lot Size5,001 sqft

Building Information

Year Built2023

Stories1

Garage Spaces2

Land Information

APN0520570320014

Lot Number14

SubdivisionHyde Park Main

Land UseResidential

Legal DescriptionLT 14 BLK 32 HYDE PARK MAIN

Census Tract410401

Assessed Land Value$625,000

Assessed Improvement Value$1,251,552

Assessment Year2025

About this property

Croix Custom Homes brings you the "Stunning Transitional Residence" in the heart of the River Oaks Shopping Center Area. Thoughtfully selected finishes have been planned for this home! Features Include: " Queen Size" Painted Brick & Hardi Exterior, Divided Light Windows, Wide Plank Oak Floors, Solid Iron Railing & Incredible Millwork. 11 Foot Ceilings down, 10 Foot Ceilings Up, Study, Formal Dining, Large Family Room with Built-Ins, Fantastic Wet-Bar with Wine Refrigerator, Ice Maker, Wine Storage, & More. The 2nd Floor features a Game Room with a Boxed Beam Ceiling plus 4 Dedicated Bedrooms. Elevator Capable, Mud Area, Large Covered Lanai with an Outdoor Kitchen, Nice Size Yard with Room for a Pool! Wonderful Experienced Builder to work with, Offering 25+ Years in the Building Business. Walking Distance to River Oaks Shopping Center, Buffalo Bayou Park, minutes by car to Downtown Houston & Medical Center.

Investor Tools

$2,117,000

Estimated Property Value

$1,490,000Estimated Mortgage Balance

$689,895Estimated Equity

30% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$12,702 /month

Positive

Cash Flow Estimate:

$4,234 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$4,025/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$37,712

$1,876,552

2025

$625,000

$1,251,552

$1,876,552

Tax History

Year

Tax Paid

Assessed Value

2024

$37,712

$1,876,552

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

The Northern Trust Co

Commercial

$1,490,000

First

Jan 18, 2024

Feb 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,427,105

$635,895

30%

67%

$8,934/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

$8,934/mo

$-5,594/mo

1.9%

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