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$1,159,000

NAL Estimated Property Value

308 W Pierce St, Houston, TX, 77019

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,194 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$195.28 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Refrigerator, Dishwasher
FlooringConcrete, Wood

Exterior

Exterior FeaturesBalcony
Lot Size2,500 sqft

Building Information

Year Built2012
Garage Spaces2

Land Information

APN1337020010002
Lot Number2
Land UseResidential
Legal DescriptionLT 2 BLK 1 MODERN PIERCE
Census Tract410202
Assessed Land Value$200,000
Assessed Improvement Value$685,006
Assessment Year2025

About this property

Dramatic, unobstructed views of downtown Houston from TWO large Terraces! This sophisticated contemporary 4-story townhome located in sought-after Montrose, has everything! Designer fixtures, large living room with cozy fireplace, and expansive dining room and kitchen. The kitchen is beautifully appointed with upgraded Miele appliance package, enormous quartz island with eat-in bar, and custom cabinetry. It's the perfect house to entertain your friends and family. First floor welcomes you with a spacious entry that leads you to a bedroom or office with a private bath. The back door leads you to a large grassy yard with covered patio. The Primary BR and BA are on 3rd floor. Upgraded fixtures throughout with 2 large primary closets. Another BR with ensuite BA are located on 3rd floor. The fourth floor is the perfect place for another private BR and BA, office, or huge game room with a view! There are 2 massive terraces that offer gorgeous, unobstructed views of Houston skyline! MUST SEE!

Investor Tools

Property Icon
$1,159,000
Estimated Property Value
$481,486Estimated Mortgage Balance
$677,514Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,954 /month
Positive
Cash Flow Estimate:
$2,318 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,624/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,689
$885,006
2025
$200,000
$685,006
$885,006
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,689
$885,006

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$548,000
No
First
Jun 18, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$481,486
$626,514
56%
42%
$2,095/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,095/mo
+$1,245/mo
3.5%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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308 W Pierce St | Property Details | No Agent List