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Owner Contacts

$2,250,000

NAL Estimated Property Value

3021 Plumb St, Houston, TX, 77005

Off Market

4 Beds

5 Bath

3,646 Sq Ft

Single Family Residence

$507.41 / sqft

Built in 2014

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 4

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher

FlooringTile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen

Lot Size5,001 sqft

Building Information

Year Built2014

Stories1

Garage Spaces2

Land Information

APN0600210000012

Lot Number12

SubdivisionRice Court

Land UseResidential

Legal DescriptionLT 12 BLK 1 RICE COURT

Census Tract412300

Assessed Land Value$750,000

Assessed Improvement Value$1,301,353

Assessment Year2025

About this property

Stunning residence in the heart of West University. This 2014 build features 4 bedrooms and 4.5 bathrooms, formal dining room with butlers pantry, first-floor study, second-floor game room, hardwood floors throughout, great-sized bedrooms, and turfed back yard. Kitchen is open to light-filled living room with gas log fireplace and features gorgeous Carrara marble countertops, double ovens, breakfast bar, and breakfast area. Spacious primary suite features high ceilings and sitting area. Great-sized primary bathroom with double vanities, shower, luxurious tub, walk-in closets and vanity area. Beautiful fenced-in backyard features sizable turf area and covered patio with grill. A beautiful home with beautiful finishes in a fantastic location! All info Per Seller.

Investor Tools

$2,250,000

Estimated Property Value

$1,388,745Estimated Mortgage Balance

$861,255Estimated Equity

37% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$13,500 /month

Positive

Cash Flow Estimate:

$4,500 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$3,128/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$26,287

$2,051,353

2025

$750,000

$1,301,353

$2,051,353

Tax History

Year

Tax Paid

Assessed Value

2024

$26,287

$2,051,353

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First Horizon Bank

Conventional

$1,452,700

First

Apr 21, 2023

May 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,388,745

$847,255

37%

62%

$8,249/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

$8,249/mo

$-4,909/mo

1.8%

Learn About the Market: Opportunity in Houston

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