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$1,865,000

2221 Morse Street, Houston, TX, 77019

Under ContractInfo
Beds4 Beds
Baths4 Bath
Baths4,158 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$448.53 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Ice Maker, Double Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Oven
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size5,001 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN0291710000003
Lot Number3
SubdivisionPlainview
Land UseResidential
Legal DescriptionLT 3 BLK 11 PLAINVIEW SEC 1
Census Tract410401
Assessed Land Value$625,000
Assessed Improvement Value$1,108,050
Assessment Year2025

About this property

Nestled in the heart of the River Oaks Shopping Center, this exquisitely curated home blends timeless architecture w/ richly layered interiors inspired by Ralph Lauren design. Thoughtfully color drenched in select rooms, the home offers an elevated sense of warmth, sophistication & luxury. First-floor private study, formal dining, open-concept floor plan w/ an expansive living space seamlessly flowing into the island kitchen w/ a breakfast area, wet bar & ample storage. Walk-in pantry, mud room & a covered lanai w/ outdoor kitchen in a well-proportioned yard w/ room for a pool. Wide plank oak floors & 11’ ceilings on first floor. Second floor: generous game room w/ boxed beam ceilings, built-in storage, ensuite bedroom & a grand scale primary suite. Primary spa-like bath features separate vanities & a lavish walk-in shower w/ separate tub. Elevator capable. Walkable to restaurants/gyms/shopping on West Gray. 15 minutes drive to downtown, Galleria & Med Center. Welcome home.

Investor Tools

$530,006Estimated Mortgage Balance
$1,334,994Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,190 /month
Positive
Cash Flow Estimate:
$3,730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,029/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$27,026
$1,733,050
2025
$625,000
$1,108,050
$1,733,050
No

Tax History

Year
Tax Paid
Assessed Value
2024
$27,026
$1,733,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$575,000
No
First
Apr 5, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$530,006
$1,334,994
71%
28%
$3,448/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$3,448/mo
$-108/mo
2.1%

City: Houston

2221 Morse Street | Property Details | No Agent List