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$228,000

NAL Estimated Property Value

3600 Montrose Blvd Unit 406, Houston, TX, 77006

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths795 Sq Ft
price_per_sqft$301.89 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer, Oven
FlooringTile

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1965
Stories1

Land Information

APN1132780030006
SubdivisionParc Iv & Parc V Condo
Land UseResidential
Legal DescriptionUNIT 406 BLDG B .004524 INT COMMON LAND & ELE PARC IV & PARC V CONDO
Census Tract410703
Assessed Land Value$42,859
Assessed Improvement Value$182,713
Assessment Year2025

About this property

This pristine condominium has been meticulously remodeled, and the views are SPECTACULAR! Features include: Tile Flooring through-out (Including Balcony), Heavy Duty Sliding Doors to Balcony (Operable Bedroom Window and Balcony Railing match), High Ceilings (opened up from original design), Great Natural Light as well as Dining Chandelier, Pendant and Recessed Lighting, and Fans/Lights in Living and Primary, Built-In Desk with accompanying storage cabinets, Stackable Washer/Dryer, Closet Systems to maximize usable space, Bath with beautiful tile design and frameless glass enclosure for shower/tub. The Kitchen features an apron sink, stainless steel appliances, cabinetry, and a large pass through area with pendant lights. Common Amenities include: Pool, Grills, Green Space, Lounge/Entertainment Area w/ Kitchen, Mail Room, and a clean and modern Gym. Refrigerator and Washer/Dryer are included in the sale of the property. The owner is amenable to selling furnishings.

Investor Tools

Property Icon
$228,000
Estimated Property Value
$0Estimated Mortgage Balance
$228,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$433/month
$792/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,061
$225,572
2025
$42,859
$182,713
$225,572
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,061
$225,572

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$228,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$792/mo
+$848/mo
8.6%

City: Houston

3600 Montrose Blvd Unit 406 | Property Details | No Agent List