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$260,000

207 Pierce Street 209, Houston, TX, 77002

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,000 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$260 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

High Equity

Highlights

Interior

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

Exterior

Exterior FeaturesBalcony

Building Information

Year Built2007

Land Information

APN1319370010012
SubdivisionThe Pierce Street Flats Condominium
Land UseResidential
Legal DescriptionUNIT 209 .0422 INT COMMON LAND & ELE THE PIERCE STREET FLATS CONDO
Census Tract410102
Assessed Land Value$40,515
Assessed Improvement Value$172,721
Assessment Year2025

About this property

Step into a polished Midtown retreat where clean design, natural light, and city convenience come together with ease. This 1-bedroom, 1-bath condo offers approx. 1,000 sq. ft. with an open living space anchored by wide-plank flooring, crisp white cabinetry, a long island with seating, warm pendant lighting, and a striking accent wall. The updated kitchen features new cabinets, countertops, backsplash, stainless appliances, generous storage, and a built-in desk area for a refined work-from-home setup. Large windows and balcony doors bring in soft light and connect the interior to a private outdoor space framed by greenery. The bedroom continues the calm, modern feel, while the bath offers a glass-enclosed shower, contemporary vanity, and fresh neutral finishes. Located in walkable Midtown near restaurants, bars, shopping, parks, and Downtown Houston, you can leave the car behind and enjoy the ease of stepping out for dinner, drinks, errands, or entertainment. Schedule your private tour.

Investor Tools

$201,493Estimated Mortgage Balance
$11,743Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month

Interested in this property?

Tricia Turner

Realty Of America, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$517/month
$588/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,135
$213,236
2025
$40,515
$172,721
$213,236
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,135
$213,236

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Conventional
$207,670
No
First
Sep 9, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,493
$11,743
5%
94%
$1,246/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$1,834/mo
$-304/mo
8.6%

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 Street 209 | Property Details | No Agent List