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$658,000

NAL Estimated Property Value

1732 Michigan St, Houston, TX, 77006

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,251 Sq Ft
price_per_sqft$244.34 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size1,586 sqft

Building Information

Year Built2003
Garage Spaces2

Land Information

APN1234040010004
Lot Number4
Land UseResidential
Legal DescriptionLT 4 BLK 1 MICHIGAN COURTYARD HOMES
Census Tract410402
Assessed Land Value$150,670
Assessed Improvement Value$366,822
Assessment Year2025

About this property

This elegant home has it all: completely free standing, no maintenance fee, 3 full bedrooms plus an office that can be used as a 4th bedroom, 3 full baths plus one half bath, fully fenced front YARD with enclosed entry, 2 car garage, soaring high ceilings and patio doors that open on each floor for a cross breeze. Beautiful hardwoods and slate throughout, travertine tile in master bath, window coverings, 3 balconies, Energy Star home. Washer, dryer and refrigerator included. Great central location near West Gray, River Oaks, Montrose, Downtown. Live, entertain and relax in style!

Investor Tools

Property Icon
$658,000
Estimated Property Value
$415,125Estimated Mortgage Balance
$242,875Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,948 /month
Positive
Cash Flow Estimate:
$1,316 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$928/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,848
$517,492
2025
$150,670
$366,822
$517,492
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,848
$517,492

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$432,000
No
First
Mar 14, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$415,125
$259,875
38%
63%
$2,591/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,591/mo
$-11/mo
4.7%

City: Houston

1732 Michigan St | Property Details | No Agent List