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$930,000

NAL Estimated Property Value

1909 Banks St, Houston, TX, 77098

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths1 Bath
Baths1,224 Sq Ft
price_per_sqft$1.88 / sqft
Year BuiltBuilt in 1946

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringTile, Wood

Exterior

Exterior FeaturesTrash Pick Up
Lot Size5,998 sqft

Building Information

Year Built1946

Land Information

APN0530470000020
Lot Number20
SubdivisionOrmond Place
Land UseResidential
Legal DescriptionLT 20 BLK 7 ORMOND PLACE
Census Tract411901
Assessed Land Value$690,000
Assessed Improvement Value$232,680
Assessment Year2025

About this property

This beautifully updated, two-bedroom ***UPSTAIRS unit *** of the TRIPLEX is in the heart of Boulevard Oaks, minutes away from Rice University, the Texas Medical Center, Houston Museums and Downtown Houston. The unit features painted hardwood floors, tile floors in the kitchen and bath, central A/C, plenty of windows for natural light and wood blinds. Adjacent to the large living room is a dining room with an elegant chandelier. The kitchen has stainless steel Samsung appliances including a gas range, built in microwave, dishwasher and refrigerator. Full-size washer/dryer are included and are located on the private balcony. Plenty of street parking. Fenced front yard with lawn maintenance included. Zoned to highly desirable Poe Elementary, Lanier Middle and Lamar High. Downstairs is occupied, please do not disturb tenants.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,968/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,968
$922,680
2025
$690,000
$232,680
$922,680
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,968
$922,680

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sente Mortgage Inc
Conventional
$701,250
No
First
Nov 9, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$641,580
$281,100
30%
69%
$4,205/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$4,205/mo
$-865/mo
4.3%

City: Houston

1909 Banks St | Property Details | No Agent List