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$1,058,455

NAL Estimated Property Value

2208 Commonwealth St, Houston, TX, 77006

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,950 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$287.8 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Double Oven, Gas Oven, Microwave, Gas Cooktop, Dishwasher, Washer/Dryer, Refrigerator
FlooringTile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen, Courtyard
Lot Size3,524 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN1356290010022
Lot Number22
Land UseResidential
Legal DescriptionLT 22 BLK 1 COMMONWEALTH COMMONS
Census Tract410402
Assessed Land Value$334,875
Assessed Improvement Value$723,580
Assessment Year2025

About this property

This grand townhome with classic design is situated on a green space in a charming gated community developed by Pelican Builders in Hyde Park. The light filled home has only one connecting wall and widows on 3 sides. Off the charming first floor entry is a study or bedroom with en-suite bath. The open concept living, dining and island kitchen are located on the second level. The third floor has the primary suite plus a separate private office. The fourth level has an additional secondary bedroom, full bath, and living area with wet bar which opens to the covered terrace with summer kitchen and sky views. Elevator to all floors. Interior features include 5” oak plank hardwood floors, high ceilings, custom window coverings and lighting, and handsome millwork throughout. Situated between River Oaks and Montrose, Hyde Park is a charming residential neighborhood just blocks from many of Houston’s most dynamic restaurants and shops. This is an exceptional opportunity and value.

Investor Tools

Property Icon
$1,058,455
Estimated Property Value
$547,828Estimated Mortgage Balance
$510,627Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,351 /month
Positive
Cash Flow Estimate:
$2,117 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,240/month
$3,880/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,592
$1,058,455
2025
$334,875
$723,580
$1,058,455
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,592
$1,058,455

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$682,500
No
First
Dec 15, 2016
Jan 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$547,828
$510,627
48%
52%
$4,092/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$7,972/mo
$-5,392/mo
2.9%

City: Houston

2208 Commonwealth St | Property Details | No Agent List