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$789,000

NAL Estimated Property Value

2127 Taft St, Houston, TX, 77006

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,968 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$252.7 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,638 sqft

Building Information

Year Built2015
Garage Spaces2

Land Information

APN1354500010006
Lot Number6
Land UseResidential
Legal DescriptionLT 6 BLK 1 VIEWS ON TAFT
Census Tract410502
Assessed Land Value$147,600
Assessed Improvement Value$572,400
Assessment Year2025

About this property

Lovely Gracepoint home minutes from midtown, downtown and so much more! This beautiful home wins the trifecta of location, condition and price. Situated in trendy Montrose, live in the lap of luxury in your stunning, elegant home in this intimate gated community. Quality built by Gracepoint Homes, only the finest finishes abound, including authentic solid Oak flooring, Cambria Quartz countertops, JKraft cabinetry, Moen faucets and Bosch cooktop and oven. Transport easily between levels in your private elevator, making grocery shopping a breeze. The expansive 3rd floor primary suite offers a spa-like experience with separate dual vanities, luxurious soaker tub, and an enormous shower with a built-in seat. The first floor bedroom is en-suite with a roll-in shower. Gas stub out on second floor patio for a grill. Structural warranty transfers with the home (see details attached). Immaculately maintained and move-in ready, come see this stunning property today!

Investor Tools

Property Icon
$789,000
Estimated Property Value
$628,724Estimated Mortgage Balance
$160,276Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,734 /month
Positive
Cash Flow Estimate:
$1,578 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$856/month
$1,980/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,332
$720,000
2025
$147,600
$572,400
$720,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,332
$720,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rock Mortgage Services Lp
Conventional
$648,000
No
First
Sep 30, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$628,724
$180,276
22%
80%
$3,886/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$5,866/mo
$-3,286/mo
3.9%

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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2127 Taft St | Property Details | No Agent List