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Owner Contacts

$1,490,000

NAL Estimated Property Value

2330 Welch St, Houston, TX, 77019

$1,937,000 ARV

Off Market

3 Beds

4 Bath

4,052 Sq Ft

Condos / Townhouses

$246.77 / sqft

Built in 2016

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Convection Oven, Double Oven, Microwave, Gas Range, Refrigerator, Dishwasher, Washer/Dryer

FlooringStone, Tile, Wood

Exterior

Exterior FeaturesBalcony, Courtyard

Lot Size2,148 sqft

Building Information

Year Built2016

Garage Spaces1

Land Information

APN1358140010012

Lot Number12

Land UseResidential

Legal DescriptionLT 12 BLK 1 CADOGAN PLACE

Census Tract411100

Assessed Land Value$268,375

Assessed Improvement Value$797,054

Assessment Year2025

About this property

AMAZING HOME IN RIVER OAKS IN GATED COMMUNITY! THIS PROPERTY OFFERS 3 BEDROOMS, 3.5 BATHS, GAME ROOM, LIBRARY AND A DRIVEWAY FOR FRIENDS & FAMILY TO PARK. LUXURY FINISHES INCLUDE AN ELEVATOR, HIGH CEILINGS, ELEGANT WROUGHT IRON STAIR CASE, MARBLE COUNTERS AND FLOORS, QUARTZ COUNTERS, WOOD FLOORS, AND 48" THERMADOR APPLIANCES. FIRST FLOOR FEATURES FOYER AND GUEST BEDROOM WITH ENSUITE BATH. SECOND FLOOR IS SPACIOUS AND OPEN. CHEF'S KITCHEN WITH TONS OF STORAGE, BREAKFAST ROOM AND BALCONY. LARGE FAMILY ROOM WITH CAST STONE FIREPLACE AND TONS OF WINDOWS. ELEGANT DINING ROOM OPEN FAMILY ROOM. THIRD FLOOR IS THE OWNERS RETREAT WITH LIBRARY, MASTER BEDROOM WITH COFFEE BAR, SEPARATE WALK IN CLOSETS, GORGEOUS MASTER BATH, AND LAUNDRY CONVENIENTLY LOCATED ON THIS LEVEL. FOURTH FLOOR FEATURES A LARGE LIVING AREA WITH 2 STORY CEILINGS, ANOTHER FLEX SPACE WITH BAR AND RETRACTIBLE DOORS TO BALCONY, AND GUEST BEDROOM WITH FULL BATH AND PRIVATE BALCONY OVERLOOKING COURTYARD.

Investor Tools

$1,490,000

Estimated Property Value

$322,613Estimated Mortgage Balance

$1,167,387Estimated Equity

74% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

$1,937,000

Rent-to-Value Ratio: 0.72%

Rent Estimate

$8,940 /month

Positive

Cash Flow Estimate:

$2,980 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,770/month

$4,800/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$13,795

$1,065,429

2025

$268,375

$797,054

$1,065,429

Tax History

Year

Tax Paid

Assessed Value

2024

$13,795

$1,065,429

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Celebrity Home Loans Llc

Conventional

$350,000

First

Mar 25, 2022

Apr 2037

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$322,613

$945,387

74%

22%

$2,099/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$6,899/mo

$-4,319/mo

2.1%

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