Last 24 Hours
$955,629
NAL Estimated Property Value2603 Stanford Street 6, Houston, TX, 77006
$1,242,318 ARV
Off Market
Commercial
1 Beds
1 Bath
4,160 Sq Ft
Multi Family
$186.3 / sqft
Built in 1930Highlights
Interior
Bedrooms 1
Bathrooms Full 1
Heating Forced Air Unit
CoolingAppliancesRange, Refrigerator
FlooringTile, Wood
Exterior
Lot Size6,700 sqft
Building Information
Year Built1930
Land Information
APN0261290000017
SubdivisionMontrose
Land UseCommercial
Legal DescriptionTRS 3A & 4A BLK 3 MONTROSE
Census Tract410502
Assessed Land Value$737,000
Assessed Improvement Value$218,629
Assessment Year2025
About this property
Corner lot Multifamily 6 units; 1 building is a duplex and 2nd building is a 4plex 1 bedroom units. Great Investment Property. Duplex upstairs unit 2 bedroom 1 bath $1,100.00 downstairs unit 1 bedroom 1 bath owner occupied. The 4plex are 1 bedroom each unit rents for $800.00 each total $3,200.00. Owner pays master meter water and duplex gas only.
Investor Tools
$955,629
Estimated Property Value
$120,096Estimated Mortgage Balance
$835,533Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,242,318
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,734 /month
Positive
Cash Flow Estimate:
$1,911 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,936/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,457
$955,629
2025
$737,000
$218,629
$955,629
No
Tax History
Year
Tax Paid
Assessed Value
2024
$18,457
$955,629
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dennis Murland
Seller Carryback / Seller Financing / Seller Take-Back
$260,000
No
First
Feb 13, 2006
Mar 2011
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$120,096
$835,533
87%
13%
$1,559/mo
12.4%