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Owner Contacts

$991,000

NAL Estimated Property Value

1840 Palm St, Houston, TX, 77004

Off Market

4 Beds

5 Bath

3,956 Sq Ft

Single Family Residence

$300.81 / sqft

Built in 2023

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 4

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Gas Oven, Gas Cooktop, Gas Range, Dishwasher, Refrigerator

FlooringTile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size2,997 sqft

Building Information

Year Built2021

Garage Spaces2

Land Information

APN1444120010002

Lot Number2

Land UseResidential Single Family

Legal DescriptionLT 2 BLK 1 CHATEAUX AT THE PALM

Census Tract312602

Assessed Land Value$146,400

Assessed Improvement Value$819,890

Assessment Year2025

About this property

Looking for a spacious and modern new construction home in Houston's Museum District? Look no further than this stunning 4 bedroom, 4.5 bathroom home with almost 4000 sqft of living space! Enter the home and you'll be greeted by a bright and open floor plan, highlighted by an impressive waterfall island in the kitchen with stunning Fisher and Paykel appliances. The home also features a game room and a private office, perfect for productivity or relaxation. Head upstairs and you'll find a unique feature - a sky desk with unbeatable views of the city. The primary bedroom is a true sanctuary, complete with a cozy fireplace, a walk-in closet with built-in shelves, and his and hers showers. Relax in the oversized soaking tub after a long day or simply enjoy the luxurious surroundings. If you're looking for sophistication and elegance in a prime location, this new construction home in Houston's Museum District is the perfect fit!

Investor Tools

$991,000

Estimated Property Value

$858,004Estimated Mortgage Balance

$132,996Estimated Equity

11% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$7,140 /month

Positive

Cash Flow Estimate:

$2,380 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,104/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$20,288

$966,290

2025

$146,400

$819,890

$966,290

Tax History

Year

Tax Paid

Assessed Value

2024

$20,288

$966,290

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

I3 Lending Inc

Conventional

$906,400

First

Jun 14, 2023

Jul 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$858,004

$108,286

11%

87%

$5,435/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$5,435/mo

$-3,209/mo

2.7%

Learn About the Market: Opportunity in Houston

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Houston

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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