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$411,000

NAL Estimated Property Value

1940 E Allegro St, Houston, TX, 77080

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,063 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.21 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Gas Range, Dryer, Washer, Dishwasher

Exterior

Lot Size5,959 sqft

Building Information

Year Built1980
Stories2
Garage Spaces2

Land Information

APN0681440150030
Lot Number9,10
SubdivisionAllegro Vllg Patio U/R
Land UseResidential
Legal DescriptionTR 1 PT LTS 9 & 10 BLK 15 ALLEGRO VLLG PATIO U/R SPRING BRANCH ESTATES SEC 2
Census Tract521202
Assessed Land Value$143,016
Assessed Improvement Value$108,320
Assessment Year2025

About this property

Step into this beautifully updated two-story home nestled inside of the Spring Branch Neihborhood . The unique split-level layout offers soaring ceilings and an open, airy feel, enhanced by an abundance of natural light throughout. The fully remodeled kitchen boasts sleek quartz countertops, a modern single-basin drop-in sink, and brand-new stainless steel appliances. Stylish new flooring flows throughout the entire home—no carpet in sight! The living and dining areas are highlighted by statement globe chandeliers, adding a touch of modern elegance. Retreat to the spacious primary suite featuring a custom walk-in closet and a large walk-in shower, with plenty of space to add your own vanity. Enjoy the charm of tree-lined streets just minutes from the Galleria, Memorial City, and all the conveniences of city living.

Investor Tools

Property Icon
$411,000
Estimated Property Value
$207,300Estimated Mortgage Balance
$203,700Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,466 /month
Positive
Cash Flow Estimate:
$822 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$371/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,400
$251,336
2025
$143,016
$108,320
$251,336
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,400
$251,336

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Conventional
$228,750
No
First
Jun 30, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,300
$198,700
48%
50%
$1,372/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,372/mo
+$350/mo
5.0%

City: Houston

1940 E Allegro St | Property Details | No Agent List