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$460,959

NAL Estimated Property Value

3206 Sherman St, Houston, TX, 77003

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,366 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.06 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Gas Range, Dishwasher

Exterior

Lot Size1,668 sqft

Building Information

Year Built2015
Garage Spaces1

Land Information

APN1356730010009
Lot Number9
Land UseResidential
Legal DescriptionLT 9 BLK 1 RETREAT ON VELASCO
Census Tract310101
Assessed Land Value$63,400
Assessed Improvement Value$397,559
Assessment Year2025

About this property

Why rent an apartment when you can call this modern townhome in the thriving East End home? Beautiful finishes - tile & hard wood flooring, white stone counters, designer colors, recessed lighting, high ceilings, pantry, stainless appliances. 2nd floor living, with living/dining combo, kitchen and powder room. A few steps up to the balcony. First floor has one bed/bath. Third floor has large luxurious primary with 2 closets and spa like bath. Also on third floor is another en suite bedroom and utility room. Gated drive & entryway. Monitored alarm included. Close to downtown, stadiums, park, light rail, dining and great neighborhood spots.

Investor Tools

Property Icon
$460,959
Estimated Property Value
$189,611Estimated Mortgage Balance
$271,348Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,766 /month
Positive
Cash Flow Estimate:
$922 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,043/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,215
$460,959
2025
$63,400
$397,559
$460,959
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,215
$460,959

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$235,000
No
First
Feb 22, 2017
Mar 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,611
$271,348
58%
41%
$1,409/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$1,409/mo
+$681/mo
5.4%

City: Houston

3206 Sherman St | Property Details | No Agent List