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$155,000

NAL Estimated Property Value

309 Stratford 1, Houston, TX, 77006

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths625 Sq Ft
price_per_sqft$184 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Refrigerator, Dishwasher
FlooringTile

Building Information

Year Built1960
Stories1

Land Information

APN1141730000001
SubdivisionStratford Place
Land UseResidential
Legal DescriptionUNIT 1 BLDG A .0456 INT COMMON LAND & ELE STRATFORD PLACE CONDO
Census Tract410502
Assessed Land Value$28,289
Assessed Improvement Value$120,599
Assessment Year2025

About this property

Remodeled 1bed/1bath condo located in the heart of Montrose!!! Unit has tile-like hardwood flooring, stainless steel appliances, recent kitchen cabinets, large walk-in closet, 1 assigned parking space, on-site pool, on-site laundry. Located near restaurants, bars and shopping!!!

Investor Tools

Property Icon
$155,000
Estimated Property Value
$94,529Estimated Mortgage Balance
$60,471Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$930 /month
Positive
Cash Flow Estimate:
$310 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$294/month
$374/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,756
$148,888
2025
$28,289
$120,599
$148,888
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,756
$148,888

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$106,400
No
First
Aug 28, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$94,529
$60,471
39%
61%
$638/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,012/mo
+$628/mo
12.7%

City: Houston

309 Stratford 1 | Property Details | No Agent List