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$881,000

NAL Estimated Property Value

1841 Portsmouth St, Houston, TX, 77098

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths2,889 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.97 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Gas Cooktop, Gas Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size6,874 sqft

Building Information

Year Built1935
Garage Spaces2

Land Information

APN0660870030001
Lot Number1
SubdivisionRichwood
Land UseResidential
Legal DescriptionLT 1 BLK 3 RICHWOOD
Census Tract410900
Assessed Land Value$579,375
Assessed Improvement Value$296,607
Assessment Year2025

About this property

Fantastic location in the heart of Montrose. This bungalow is equipped with 5 bedrooms (2 downstairs), 4 full bathrooms, plus a sunroom, and a spacious backyard offering a pool and spa to enjoy during Houston's hot summers. Kitchen features loads of cabinets, plenty of counter space, high-end appliances such as Bosch, Viking and a SubZero refrigerator. Breakfast area opens up to the back deck/pool area, which makes this home great for entertaining! Hardwoods throughout, zoned to Poe Elementary, refrigerator and washer/dryer are included.

Investor Tools

Property Icon
$881,000
Estimated Property Value
$341,109Estimated Mortgage Balance
$539,891Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,286 /month
Positive
Cash Flow Estimate:
$1,762 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,944/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,923
$875,982
2025
$579,375
$296,607
$875,982
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,923
$875,982

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$480,000
No
First
Jul 18, 2013
Aug 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$341,109
$534,873
61%
39%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
N/A
+$3,340/mo
4.5%

City: Houston

1841 Portsmouth St | Property Details | No Agent List