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$577,000

NAL Estimated Property Value

1914 W Gray St Apt 304, Houston, TX, 77019

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,198 Sq Ft
price_per_sqft$208.83 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Dryer, Refrigerator, Washer/Dryer
FlooringCarpet, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1997
Garage Spaces2

Land Information

APN1190090030004
SubdivisionMetropolis Condominium Amend
Land UseResidential
Legal DescriptionUNIT 304 BLDG 1 .03125 INT COMMON LAND & ELE METROPOLIS CONDOMINIUM AMEND
Census Tract410300
Assessed Land Value$90,212
Assessed Improvement Value$384,590
Assessment Year2025

About this property

Amazing, spectacular view of downtown. Come home to Metropolis where you will find high ceilings, a spacious master BR/BA, dining and family room. Securely located on the third floor, an abundance of natural light light flows through the home. A large balcony awaits cool evenings, family, friends or a grill to prepare culinary delights. Great neighbors! This one of kind home is waiting for your touch. Gated, secure with controlled access. Located next to everything the heart of the city can offer. Minimum travel time to major destinations. Less than 3 miles from Downtown and minutes to Memorial Park, The Galleria, Rice Village, Medical Center. Business, Ballet, and Ball Games are all a very short drive away. Private pool for residents. Additional guest parking located off W. Gray.

Investor Tools

Property Icon
$577,000
Estimated Property Value
$280,992Estimated Mortgage Balance
$296,008Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,462 /month
Positive
Cash Flow Estimate:
$1,154 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$927/month
$699/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,235
$474,802
2025
$90,212
$384,590
$474,802
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,235
$474,802

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Loan Star Inc
Conventional
$315,000
No
First
Oct 29, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$280,992
$306,008
52%
49%
$1,889/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$2,588/mo
$-628/mo
4.1%

City: Houston

1914 W Gray St Apt 304 | Property Details | No Agent List