1view

$1,517,439

1931 W Lamar St, Houston, TX, 77019

Off Market

4 Beds

4 Bath

4,218 Sq Ft

Single Family Residence

$343.53 / sqft

Built in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 4

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Ice Maker, Double Oven, Electric Oven, Microwave, Gas Range, Dishwasher, Refrigerator

FlooringCarpet, Tile, Wood

Exterior

Lot Size5,001 sqft

Building Information

Year Built2020

Garage Spaces2

Land Information

APN0600720040027

Lot Number27

SubdivisionTemple Terrace

Land UseResidential

Legal DescriptionLT 27 BLK 4 TEMPLE TERRACE

Census Tract410201

Assessed Land Value$475,000

Assessed Improvement Value$1,042,439

Assessment Year2025

About this property

JUST COMPLETED, MAY 2021. Contemporary/Modern Masterpiece by Houston's Premier Home Builder, Croix Custom Homes! Located on the Hill Tops of Temple Terrace, steps away from Buffalo Bayou Park and a bike ride to Downtown Houston! This stunning and sleek home features: Great Floor Plan for Entertaining, High Ceilings, Wide Plank Wood Floors, Walls of Windows with great light! Kitchen with a Large Center Island open to Breakfast Area & Large Family Room. Fantastic "Floating" Wet-Bar to Service both Formal and Informal areas. Second Floor Study, Game Room and an Outstanding Master Retreat with Dual Closets. Elevator Capable, Large Covered Roof-Top Deck completed with a "Johnson Water Proofing System" with views of Downtown Houston. Covered Lanai, Back Yard. Walking Distance to many Shops, Eateries, Buffalo Bayou Park & More. Wonderful, Experienced Builder to work with, Offering 25+ Years in the Building Business!

Investor Tools

$1,517,439

Estimated Property Value

$1,452,660Estimated Mortgage Balance

$185,891Estimated Equity

4% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$9,105 /month

Positive

Cash Flow Estimate:

$3,035 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$3,297/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$31,980

$1,517,439

2025

$475,000

$1,042,439

$1,517,439

Tax History

Year

Tax Paid

Assessed Value

2024

$31,980

$1,517,439

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Grazak Food Service Inc

$1,452,660

Yes

First

Dec 29, 2021

Jan 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,331,548

$185,891

12%

88%

$8,710/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

$8,710/mo

$-5,370/mo

2.6%

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