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Owner Contacts

$833,024

NAL Estimated Property Value

1807 Prospect St, Houston, TX, 77004

Off Market

3 Beds

4 Bath

2,895 Sq Ft

Single Family Residence

$276.34 / sqft

Built in 2015

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Dishwasher

FlooringWood

Exterior

Exterior FeaturesBalcony

Lot Size1,860 sqft

Building Information

Year Built2015

Garage Spaces2

Land Information

APN1344960010003

Lot Number3

Land UseResidential

Legal DescriptionLT 3 BLK 1 ART COLONY AT MUSEUM DISTRICT

Census Tract312602

Assessed Land Value$137,280

Assessed Improvement Value$695,744

Assessment Year2025

About this property

Discover your Award-Winning dream home in the heart of the Museum District. See, Features & Upgrades doc to learn more about this one of a kind, Architecturally Award-Winning DreamScape Modern home in the Art Colony. The kitchen boasts top of the line Miele integrated appliances, Silestone countertops, slate backsplash, & a huge Carrara marble island. The open concept living area is an entertainer’s dream. The primary ensuite features a Wet Room, Japanese soaking tub, a 6’ deep tub & separate shower. A 6000 sq. ft. LED Privacy Screen/Art Installation, illuminates at night. Included w/ the home: Generac generator, W&D, Gas Grill & Fire Pit on the SkyDeck, 85” Living Room TV & acoustic wall panels, Alarm System, pre-wired & ready for you to activate service. Minutes from downtown, the Medical Center, top universities, 19 museums, & a variety of restaurants. The Light Rail Metro System is down the street. See the Haven Magazine link under Virtual Tour, page 36. Schedule a tour today!

Investor Tools

$833,024

Estimated Property Value

$572,438Estimated Mortgage Balance

$260,586Estimated Equity

31% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,998 /month

Positive

Cash Flow Estimate:

$1,666 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,805/month

$500/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$17,501

$833,024

2025

$137,280

$695,744

$833,024

Tax History

Year

Tax Paid

Assessed Value

2024

$17,501

$833,024

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Alliant Cu

Arm (Adjustable Rate Mortgage)

$726,000

First

Apr 24, 2017

May 2047

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$572,438

$260,586

31%

69%

$3,109/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$3,609/mo

$-1,887/mo

2.5%

Learn About the Market: Opportunity in Houston

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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.

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