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$400,295

NAL Estimated Property Value

3008 Commerce St, Houston, TX, 77003

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,980 Sq Ft
price_per_sqft$178.79 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Range, Dishwasher, Washer/Dryer
FlooringWood

Exterior

Exterior FeaturesBalcony
Lot Size1,459 sqft

Building Information

Year Built2014
Garage Spaces1

Land Information

APN1292120010026
Lot Number26
SubdivisionCommerce Avenue T/H
Land UseResidential
Legal DescriptionLT 26 BLK 1 COMMERCE AVENUE T/H
Census Tract310101
Assessed Land Value$58,903
Assessed Improvement Value$341,392
Assessment Year2025

About this property

Awesome townhome near downtown shows pride of ownership. Kitchen features stainless GE appliance package and granite countertops. Primary bedroom features a custom closet system with multiple drawers, hampers, and shelves. Primary bath has dual vanity and oversized shower with a frameless glass enclosure, built-in bench, and duel rain shower heads. Primary has built-in speakers in both bedrooms and bath. Adjacent flex space can be a great office for work at home situations. Spacious living area has vaulted ceilings and features a surround sound speaker array. Second bedroom features custom closet system. Study could be used as a third bedroom. Lighting in the entire home has dimmable LED bulbs and dimmers which can be integrated with smart home systems such as Alexa. Home has custom light filtering shades with Lutron Smart black-out shades in primary. Outdoor area is landscaped with brick pavers to create a sanctuary for grilling or relaxing. Garage has epoxy flooring and storage.

Investor Tools

Property Icon
$400,295
Estimated Property Value
$317,681Estimated Mortgage Balance
$82,614Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,402 /month
Positive
Cash Flow Estimate:
$801 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$624/month
$49/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,485
$400,295
2025
$58,903
$341,392
$400,295
No

Tax History

Year
Tax Paid
Assessed Value
2020
$5,485
$400,295

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Carrington Mortgage Services Llc
Va
$354,000
Yes
First
Jan 29, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$317,681
$82,614
20%
79%
$2,123/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$2,172/mo
$-82/mo
6.3%

City: Houston

3008 Commerce St | Property Details | No Agent List