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Owner Contacts

$517,000

NAL Estimated Property Value

1812 Edwards Street, Houston, TX, 77007

Off Market

3 Beds

3 Bath

2,227 Sq Ft

$192.59 / sqft

Built in 2012

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Gas Range, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Lot Size2,500 sqft

Building Information

Year Built2012

Garage Spaces1

Land Information

APN1332000010007

Lot Number7

SubdivisionEdwards Place

Land UseResidential

Legal DescriptionLT 7 BLK 1 EDWARDS PLACE

Census Tract510202

Assessed Land Value$164,000

Assessed Improvement Value$327,141

Assessment Year2025

About this property

Location, Sought After Floorplan, No Flooding & Did I Mention Location?! This well-kept 3 bedroom, 2.5 bath (detached) home offers great parking, 2 car garage w/14 ft of fast track storage system, fully fenced backyard custom designed w/dark rock & Alamo Stone flagstone; all to enhance the drainage (NEVER FLOODED. HIGH/DRY)! Solid wood floors greet & highlight the open/spacious plan! The kitchen boasts eye-catching granite, gas cooktop, under cabinet lighting, island seating, under cabinet beverage fridge + dining area. The living room is spacious & serves for a great entertainment space between the kitchen + backyard. Upstairs: Primary bedroom w/double sink/vanities, soak tub & HUGE walk-in shower + 2 large secondary bedrooms. The whole house is equipped w/custom shutters that allow for a light/bright setting or a private/cozy atmosphere. Located w/in walking distance of eateries, breweries, Spring Street Studios, movie theaters + the proximity to airports/major roads is unmatched.

Investor Tools

$517,000

Estimated Property Value

$360,184Estimated Mortgage Balance

$156,816Estimated Equity

30% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,102 /month

Positive

Cash Flow Estimate:

$1,034 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$782/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,796

$491,141

2025

$164,000

$327,141

$491,141

Tax History

Year

Tax Paid

Assessed Value

2024

$6,796

$491,141

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Jpmorgan Chase Bank Na

Conventional

$399,000

First

Apr 28, 2021

May 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$360,184

$156,816

30%

70%

$2,393/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$2,393/mo

+$187/mo

6.0%

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