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Owner Contacts

$552,000

1819 Bailey Street, Houston, TX, 77019

Off Market

3 Beds

3 Bath

2,436 Sq Ft

Condos / Townhouses

$143.27 / sqft

Built in 2000

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Lot Size1,420 sqft

Building Information

Year Built2000

Garage Spaces1

Land Information

APN1211390010002

Lot Number2

SubdivisionSutton-Gillette Townhomes

Land UseResidential

Legal DescriptionLT 2 BLK 1 SUTTON-GILLETTE T/H SEC 6

Census Tract410101

Assessed Land Value$127,620

Assessed Improvement Value$290,491

Assessment Year2025

About this property

View 3D TOUR. *Priced to Sell* Over $15,000 in recent upgrades. Beautifully maintained & updated townhouse in the heart of Midtown, just steps from W Webster Park. Amazing LOCATION! Spend your evenings strolling down this charming & quiet street, walk your dog to W Webster Park, jog or bike to Buffalo Bayou trails, or wander in any direction to enjoy one of the many restaurants & shops. Close to downtown & the medical center with easy access to freeways. Featuring 3 bedrooms, 2.5 baths, large windows that drench the home in natural light, crown molding, wood floors in living areas, & 2-car garage. Perfect for entertaining, the open-concept second floor includes a renovated kitchen with granite counters, undermount sink, new backsplash, new flooring, painted cabinets & pantry, & new appliances (2018). Additional updates: new roof (2018), plantation shutters, backyard patio with dripper irrigation for herbs/plants (2017), epoxy-coated garage floor, tile floor grout resealed, & more.

Investor Tools

$552,000

Estimated Property Value

$0Estimated Mortgage Balance

$295,093Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,312 /month

Positive

Cash Flow Estimate:

$1,104 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$403/month

$1,307/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,076

$418,111

2025

$127,620

$290,491

$418,111

Tax History

Year

Tax Paid

Assessed Value

2024

$2,076

$418,111

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rock Mortgage Services Lp

Conventional

$288,000

First

Oct 1, 2020

Nov 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$256,907

$295,093

53%

47%

$1,727/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

$3,034/mo

$-1,074/mo

4.3%

Learn About the Market: Opportunity in Houston

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