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$227,000

NAL Estimated Property Value

3600 Montrose Blvd Unit 806, Houston, TX, 77006

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths795 Sq Ft
price_per_sqft$174.84 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Refrigerator, Dishwasher
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1965
Stories1

Land Information

APN1132780070006
SubdivisionParc Iv & Parc V Condo
Land UseResidential
Legal DescriptionUNIT 806 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

Spacious & charming 1/1 condo with easy access everywhere! Living/ dining combination, accent mirrored walls, recessed lights, white cabinet kitchen, separate bedroom w/accent brick wall + wall of closets. High owner occupancy bldg. Balcony off living room with a view of our fabulous Downtown Houston skyline. Bldg features on-site exercise facility, central laundry, swimming pool, + newly landscaped grounds. Unassigned parking w/ controlled access. Main fee includes ALL UTILITIES. Building is just completing extensive renovations including:common areas, grounds, parking lot & garage. Security at each bldg after business hours. Insulated thermal windows recently replaced thruout entire building.Minutes to the Med Center, downtown, St Thomas University, & the Museum District+ much more! Walk score is 93. All per Seller

Investor Tools

Property Icon
$227,000
Estimated Property Value
$158,485Estimated Mortgage Balance
$68,515Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,362 /month
Positive
Cash Flow Estimate:
$454 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$475/month
$728/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,568
$225,572
2025
$42,859
$182,713
$225,572
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,568
$225,572

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$168,000
No
First
Apr 26, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$158,485
$68,515
30%
70%
$1,008/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,736/mo
$-96/mo
8.7%

City: Houston

3600 Montrose Blvd Unit 806 | Property Details | No Agent List