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$196,000

NAL Estimated Property Value

207 Pierce St Apt 206, Houston, TX, 77002

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths860 Sq Ft
price_per_sqft$264.53 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Exterior FeaturesStorage

Building Information

Year Built2007

Land Information

APN1319370010009
SubdivisionThe Pierce Street Flats Condominium
Land UseResidential
Legal DescriptionUNIT 206 .0363 INT COMMON LAND & ELE THE PIERCE STREET FLATS CONDO
Census Tract410102
Assessed Land Value$36,569
Assessed Improvement Value$155,900
Assessment Year2025

About this property

Don't miss this amazing condo near Midtown and Downtown with contemporary, high-end finishes throughout! Gorgeous bamboo wood flooring throughout entire unit. The spacious living and kitchen areas are open to each other with stunning floor-to-ceiling windows with downtown views! The chef's kitchen features a spacious island with quartz counters, stainless steel appliances, stylish European-style cabinets, and a glass mosaic tile backsplash. Built-in desk area near the kitchen for ease of use. The primary bedroom showcases a walk-in closet as well as an en-suite bath with a lovely vessel sink, lit mirror, and extra-large walk-in glassed shower. Great location with a walkable score of 82 including restaurants nearby. Close to public transit and the hospital district!

Investor Tools

Property Icon
$196,000
Estimated Property Value
$210,852Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,365 /month
Positive
Cash Flow Estimate:
$455 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$447/month
$265/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,384
$192,469
2025
$36,569
$155,900
$192,469
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,384
$192,469

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$227,500
Yes
First
Jun 10, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,852
N/A
0%
108%
$1,364/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$1,629/mo
$-99/mo
9.4%

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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207 Pierce St Apt 206 | Property Details | No Agent List