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$496,963

NAL Estimated Property Value

2000 Bagby Street 13422, Houston, TX, 77002

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,872 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$245.19 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringConcrete

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen, Balcony

Building Information

Year Built2004

Land Information

APN1278870000124
SubdivisionRise Condominium
Land UseResidential
Legal DescriptionUNIT 13422 .0093 INT COMMON LAND & ELE RISE CONDO 3RD AMEND
Census Tract410602
Assessed Land Value$94,423
Assessed Improvement Value$402,540
Assessment Year2025

About this property

Incredible opportunity for this 2 bedroom unit at the Rise located in the heart of midtown. Highrise living with unobstructed views of downtown, this spacious unit has many updates with an impressive feel. Renovated kitchen with custom cabinets and added storage, quartz countertops with waterfall edge, new appliances including cooktop, fridge, and wine cooler. Stunning lighting fixtures added in dining room and a massive chandelier in living room makes a bold impression. Sleek bathrooms have been updated with white quartz countertops, new fixtures, cabinets, and wall paper accent walls. Designer neutral paint throughout the entire unit complements the natural light that pours in through the windows. Big ticket items, like two new AC units replaced in 2018, new H2O heater. Appliances included (F/W/D), as well as TVs/wall mounts. 2 reserved parking spaces in garage. The Rise just did improvements for its pool deck, as well as new roof in 2021. This is a gorgeous unit, come take a look.

Investor Tools

Property Icon
$496,963
Estimated Property Value
$407,361Estimated Mortgage Balance
$89,602Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,982 /month
Positive
Cash Flow Estimate:
$994 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$813/month
$778/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,271
$496,963
2025
$94,423
$402,540
$496,963
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,271
$496,963

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Horizon Bank
Conventional
$440,325
No
First
May 20, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$407,361
$89,602
18%
82%
$2,640/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,830/mo
$3,418/mo
$-1,588/mo
4.4%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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2000 Bagby Street 13422 | Property Details | No Agent List