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$2,752,000

NAL Estimated Property Value

2325 Welch St Apt 503, Houston, TX, 77019

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,516 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$732.37 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Wine Refrigerator, Electric Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built2019

Land Information

APN1412340050003
Land UseResidential
Legal DescriptionUNIT 503 .0384 INT COMMON LAND & ELE REVERE CONDO 9TH AMEND
Census Tract411100
Assessed Land Value$438,664
Assessed Improvement Value$1,870,093
Assessment Year2025

About this property

Unit 503 at The Revere is a rare 4 bedroom, 3.5 bath residence. This north facing unit with generously proportioned rooms throughout, features sophisticated amenities including hardwood floors in all living areas and bedrooms, 11’ ceilings, gas log fireplace, and an entertaining size balcony. The entry gallery opens to the light filled living area and adjacent dining area with jewel box wet bar that has an icemaker, wine chiller, and 2 refrigerator drawers. Open off the family room is the island kitchen with breakfast bar seating, Subzero cabinet front refrigerator, Wolf stainless gas cooktop, and wine chiller. The primary bedroom suite has room for a sitting area, a luxurious bath and very spacious closet with built-ins. Three secondary bedrooms offer the flexibility that one can be converted to a study. Utility room with sink. Two prime reserved parking spaces. This intimate and discreet building in one Houston’s most desirable locations has a 24HR concierge, event room, and gym.

Investor Tools

Property Icon
$2,752,000
Estimated Property Value
$0Estimated Mortgage Balance
$2,752,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$16,512 /month
Positive
Cash Flow Estimate:
$5,504 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,300/month
$3,117/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$37,844
$2,308,757
2025
$438,664
$1,870,093
$2,308,757
No

Tax History

Year
Tax Paid
Assessed Value
2024
$37,844
$2,308,757

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,626,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,117/mo
$-537/mo
1.1%

City: Houston

2325 Welch St Apt 503 | Property Details | No Agent List