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$455,000

NAL Estimated Property Value

318 Patterson St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,070 Sq Ft
price_per_sqft$190.82 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringSlate, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,599 sqft

Building Information

Year Built2008
Garage Spaces2

Land Information

APN1300210010004
Lot Number4
Land UseResidential
Legal DescriptionLT 4 BLK 1 BERCON ON PATTERSON STREET
Census Tract510701
Assessed Land Value$244,800
Assessed Improvement Value$205,396
Assessment Year2025

About this property

Location, Location, Location! This fantastic freshly painted 3-bed 3.5 bath is located on a quiet street short distance to some of the trendiest Washington Ave restaurants, Entertainment and several parks. On the first floor you have a private bedroom with en-suite bath with beautiful new wood looking tile This room can also be used as a study. As you make your way up the stairs to the second floor you are welcome to an open/bright living/dining concept. Access your private outdoor balcony through double French doors. Great space for entertaining! The spacious kitchen has a large island w/ breakfast bar, Jen Air SS appliances w/ plenty of storage space. Guest half bath and laundry on second floor. Primary suite and additional bedroom on the third floor with en-suite bath. Oversized prim. bath w/jacuzzi tub and large primary closet w/ built ins. Washer/Dryer and Fridge stay... Private driveway with 2 car garage. NO HOA!. Close prox. to Downtown, River Oaks Shopping, Medical Center

Investor Tools

Property Icon
$455,000
Estimated Property Value
$454,143Estimated Mortgage Balance
$857Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,730 /month
Positive
Cash Flow Estimate:
$910 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$899/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,515
$450,196
2025
$244,800
$205,396
$450,196
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,515
$450,196

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financia Inc
Unknown
$457,460
No
First
Dec 12, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$454,143
$5,857
1%
100%
$2,743/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,743/mo
$-163/mo
6.8%

Learn About the Market: Opportunity in Houston

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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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318 Patterson St | Property Details | No Agent List