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Owner Contacts

$315,201

NAL Estimated Property Value

4004 Montrose Boulevard 12E, Houston, TX, 77006

Off Market

2 Beds

2 Bath

1,410 Sq Ft

Condos / Townhouses

$198.58 / sqft

Built in 1985

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesWater Heater, Disposal, Electric Oven, Oven, Microwave, Electric Range, Free-Standing Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer

FlooringCarpet, Tile, Wood

Exterior

Private Pool

Exterior FeaturesStorage, Courtyard, Balcony

Building Information

Year Built1985

Garage Spaces2

Land Information

APN1164360000012

SubdivisionCourt At Museums Gate Condo Am

Land UseResidential

Legal DescriptionUNIT 12 BLDG E .02282 INT COMMON LAND & ELE COURT AT MUSEUMS GATE CONDO AM

Census Tract410705

Assessed Land Value$59,888

Assessed Improvement Value$255,313

Assessment Year2025

About this property

European style living in the heart of Montrose in this fabulous 2 bed/2 bath - unbeatable 360 degree views of the city on your very own roof top patio, other features of this home include a wood burning fireplace, recessed lighting, custom kitchen cabinets for the ultimate in organization and storage, SS appliances, wood flooring, tile floors in the bathrooms, granite countertops; Bedrooms locations: 1st & 3rd floors, 2 entrances (front & back doors), freshly painted, all appliances can stay including the washer & dryer! 2 assigned garage spaces + private storage closet in garage. Community amenities include a pool and hot tub, security cameras, controlled garage entry, controlled pedestrian gates, trash removal at your door 5 days a week, porter on site 5 days per week. This is truly European style living at its finest!

Investor Tools

$315,201

Estimated Property Value

$237,183Estimated Mortgage Balance

$78,018Estimated Equity

24% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,891 /month

Positive

Cash Flow Estimate:

$630 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$689/month

$593/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,687

$315,201

2025

$59,888

$255,313

$315,201

Tax History

Year

Tax Paid

Assessed Value

2024

$6,687

$315,201

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Envoy Mortgage Ltd

Conventional

$261,725

First

Jun 11, 2021

Jul 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$237,183

$78,018

24%

75%

$1,570/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

$2,163/mo

$-203/mo

7.5%

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