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$742,000

402 Roy St, Houston, TX, 77007

On MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,194 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$232.31 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Wine Refrigerator, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Washer/Dryer
FlooringCarpet, Stone, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,877 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN1270340010005
Lot Number5
SubdivisionFeagan Terrace
Land UseResidential
Legal DescriptionLT 5 BLK 1 FEAGAN TERRACE
Census Tract510801
Assessed Land Value$223,013
Assessed Improvement Value$329,798
Assessment Year2025

About this property

402 Roy is an urban treehouse in a prime location, nestled among majestic oak trees just steps from Memorial Park, Buffalo Bayou Park, Downtown, shopping and dining. Gated wraparound green space welcomes you to this beautifully maintained home. First-floor guest suite overlooks the garden. The open-concept second floor features hardwood floors, plantation shutters, warm designer finishes, and a spacious living area with a wood-burning fireplace, gas logs, and tree-lined views. The gourmet kitchen offers granite countertops, custom cabinetry, gas range, pantry, + adjacent study that could be a wine room. The third-floor primary suite is a private retreat with two walk-in closets, including an impressive 11x15 dressing room. An additional en-suite bedroom and large utility room complete the level. Rooftop terrace showcases spectacular Downtown Houston skyline views and front-row seats to multiple Fourth of July fireworks displays. This is an exceptional home in an exceptional location.

Investor Tools

Property Icon
$652,000
Estimated Property Value
$389,999Estimated Mortgage Balance
$297,210Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,452 /month
Positive
Cash Flow Estimate:
$1,484 /month

Interested in this property?

Brian Spack

Martha Turner Sotheby's International Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,002/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,770
$552,811
2025
$223,013
$329,798
$552,811
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,770
$552,811

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bnc National Bank
Conventional
$389,999
No
First
Sep 24, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$354,790
$297,210
45%
54%
$2,339/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,339/mo
+$241/mo
4.7%

Learn About the Market: Opportunity in Houston

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Explore

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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402 Roy St | Property Details | No Agent List