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Owner Contacts

$729,000

NAL Estimated Property Value

306 W Clay St, Houston, TX, 77019

Off Market

3 Beds

4 Bath

2,489 Sq Ft

Condos / Townhouses

$253.09 / sqft

Built in 2016

Property Lead Type:

Absentee Owner

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, Gas Oven, Microwave, Gas Cooktop, Refrigerator, Dishwasher, Washer/Dryer

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size1,542 sqft

Building Information

Year Built2015

Garage Spaces1

Land Information

APN1354680010004

Lot Number4

Land UseResidential

Legal DescriptionLT 4 BLK 1 WEST CLAY TAFT LANDING

Census Tract410202

Assessed Land Value$152,200

Assessed Improvement Value$467,800

Assessment Year2025

About this property

Welcome to 306 W. Clay St. in MONTROSE! Your STUNNING, & MODERN, Lovett Home is WONDERFULLY LOCATED minutes from the BEST HOUSTON Has to Offer! ENCHANTING VIEWS of DOWNTOWN, LUXURIOUS FINISHES, FRESH PAINT & Lovely HARDWOOD Flooring; ENTERTAINING is a MUST in your ELEGANT Open Floorplan & MULTIPLE OUTDOOR SPACES, GOURMET KITCHEN w/ CUSTOM Cabinetry, High-End MIELE APPLIANCE PACKAGE, & ABUNDANCE of Prep Space! In-Ceiling SONOS SPEAKERS! Your PRIVATE Primary Suite Offers NEVER BEEN USED JETTED SPA BATH, HUGE & UPGRADED Walk-In Closet; SOARING CEILINGS, CUSTOM CEILING FANS, BUILT-INs GALORE, INTERIOR Location for GREATER SAFETY w/ TAMPER/“BULLETPROOF” WINDOW TREATMENTS Incl. Lim. LIFETIME WARRANTY; TANK LESS WATER HEATER, LARGE GARAGE w/ Tons of STORAGE, FOUNDATION ELEVATOR READY—A HUGE UPGRADE! ENJOY SOPHISTICATED CITY LIFE! INCREDIBLE location WALKING DISTANCE to Buffalo Bayou Park; MINUTES to Downtown, Major Freeways, Parks, Trails, Fantastic Shopping & Dining, & Cosmopolitan NIGHTLIFE

Investor Tools

$729,000

Estimated Property Value

$482,720Estimated Mortgage Balance

$246,280Estimated Equity

24% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,374 /month

Positive

Cash Flow Estimate:

$1,458 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,239/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,217

$620,000

2025

$152,200

$467,800

$620,000

Tax History

Year

Tax Paid

Assessed Value

2024

$11,217

$620,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Members Choice Cu

Conventional

$496,000

First

May 23, 2024

Jun 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$482,720

$160,280

24%

66%

$2,876/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

$2,876/mo

$-916/mo

3.2%

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