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$1,991,000

NAL Estimated Property Value

1907 Banks St, Houston, TX, 77098

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,082 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$404.21 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Double Oven, Gas Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringStone, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size5,998 sqft

Building Information

Year Built2012
Stories2
Garage Spaces2

Land Information

APN0530470000019
Lot Number19
SubdivisionOrmond Place
Land UseResidential
Legal DescriptionLT 19 BLK 7 ORMOND PLACE
Census Tract411901
Assessed Land Value$690,000
Assessed Improvement Value$1,061,815
Assessment Year2025

About this property

Stunning home by Hampton Lane Builders and designed by one of Houston's leading architectural design firms, Eubanks Group Architects. Enter into the grand foyer with its striking curved staircase and high ceiling for your guest's first impression. The gourmet kitchen with its large center island and exquisite finishes opens to the great room and a gorgeous view of the backyard living space which includes a covered outdoor kitchen/veranda, pool with infinity edge spa (built 2016). The second floor, has a Master, study/media & 3 additional bedrooms with full baths. Master bathroom has a newly renovated double head shower and soft lighting option.

Investor Tools

Property Icon
$1,991,000
Estimated Property Value
$1,186,826Estimated Mortgage Balance
$804,174Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,946 /month
Positive
Cash Flow Estimate:
$3,982 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,130/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$27,606
$1,751,815
2025
$690,000
$1,061,815
$1,751,815
No

Tax History

Year
Tax Paid
Assessed Value
2024
$27,606
$1,751,815

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
University Fcu
Conventional
$1,180,000
No
First
Nov 14, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,186,826
$837,174
41%
60%
$7,960/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$7,960/mo
$-4,620/mo
2.0%

City: Houston

1907 Banks St | Property Details | No Agent List