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Owner Contacts

$1,724,000

NAL Estimated Property Value

1716 Colquitt St, Houston, TX, 77098

Off Market

4 Beds

4 Bath

4,117 Sq Ft

Single Family Residence

$338.84 / sqft

Built in 2020

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Convection Oven, Double Oven, Microwave, Gas Range, Dishwasher

FlooringTile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size6,952 sqft

Building Information

Year Built1950

Garage Spaces2

Land Information

APN0522660010015

Lot Number15

SubdivisionLancaster Place Extn

Land UseResidential

Legal DescriptionLT 15 BLK 7 LANCASTER PLACE EXTN SEC 2

Census Tract410801

Assessed Land Value$834,000

Assessed Improvement Value$890,000

Assessment Year2025

About this property

Stunning 3-story single-family home in the heart of Montrose! Built in 2020, this home boasts 4 bedrooms and 3 full baths, plus 1 half bath on the first level. This traditional residence offers both comfort and style, with an open floor plan creating an inviting atmosphere for both living and entertaining. Features include cozy front porch, 2 balconies, wooden floors, quartz countertops, designer tile and surround sound throughout. There is both a media room and game room located on the 3rd floor for additional living space. The property also features 2 garage apartments in the back, presenting an excellent rental income opportunity, both units are currently tenant occupied. This home offers the perfect blend of contemporary living and investment potential.

Investor Tools

$1,724,000

Estimated Property Value

$1,113,000Estimated Mortgage Balance

$611,000Estimated Equity

35% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$10,344 /month

Positive

Cash Flow Estimate:

$3,448 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$3,145/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$29,122

$1,724,000

2025

$834,000

$890,000

$1,724,000

Tax History

Year

Tax Paid

Assessed Value

2024

$29,122

$1,724,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Deephaven Mortgage Llc

Conventional

$1,126,132

First

Sep 19, 2025

Oct 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,113,000

$611,000

35%

65%

$6,752/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$6,752/mo

$-4,172/mo

1.8%

Learn About the Market: Opportunity in Houston

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