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$175,000

NAL Estimated Property Value

309 Stratford St Apt 7, Houston, TX, 77006

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths576 Sq Ft
price_per_sqft$276.04 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Range, Dryer, Washer, Dishwasher, Washer/Dryer
FlooringTile, Wood

Building Information

Year Built1960
Stories1

Land Information

APN1141730000007
SubdivisionStratford Place
Land UseResidential
Legal DescriptionUNIT 7 BLDG A .0421 INT COMMON LAND & ELE STRATFORD PLACE CONDO
Census Tract410502
Assessed Land Value$30,622
Assessed Improvement Value$130,544
Assessment Year2025

About this property

Step into easy living at Stratford Place Condos, conveniently situated in a prime location, between Montrose & Midtown. This 1 bedroom condo exudes contemporary charm w/ recently updated features in the bathroom & kitchen. Recently installed updates in the kitchen include tile flooring, backsplash, Quartz countertops, sink, faucet & appliances. Bathroom updates include tile flooring, tub & tub surround, vanity sink & toilet. The interior of the home has been freshly painted a lovely neutral color. Primary bedroom includes built-ins for added storage, ensuring a clutter-free living space. Enjoy in-unit laundry & dedicated cover parking spot. HOA has performed updates in recent years to the exterior of the complex to include PEX plumbing, roof, resurfacing of the pool & more. The open layout seamlessly connects each room creating an inviting atmosphere. Location offers easy access to a variety of shops, restaurants, entertainment options, and quick access major freeways. Owner/Agent

Investor Tools

Property Icon
$175,000
Estimated Property Value
$139,495Estimated Mortgage Balance
$35,505Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,050 /month
Positive
Cash Flow Estimate:
$350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$257/month
$413/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,208
$161,166
2025
$30,622
$130,544
$161,166
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,208
$161,166

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Champions Lending Llc
Conventional
$144,000
No
First
Aug 14, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$139,495
$30,505
17%
80%
$864/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,277/mo
+$363/mo
11.2%

City: Houston

309 Stratford St Apt 7 | Property Details | No Agent List