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$330,000

NAL Estimated Property Value

403 Anita St Unit 18, Houston, TX, 77006

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,680 Sq Ft
price_per_sqft$172.02 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringBamboo, Tile, Vinyl

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1979
Stories2

Land Information

APN1145220010018
SubdivisionLovette Square Condo
Land UseResidential
Legal DescriptionTH 18 BLDG A .02668 INT COMMON LAND & ELE LOVETTE SQUARE CONDO
Census Tract410602
Assessed Land Value$52,847
Assessed Improvement Value$225,296
Assessment Year2025

About this property

Experience urban living in this updated 2-bedroom, 2.5-bath condo in vibrant Midtown/Montrose. Located in the charming & coveted courtyard community of Lovett Square, this home has it all! The first floor features a spacious living area with a gas log fireplace and new flooring, plus a fully updated kitchen with quartz countertops, stainless steel appliances, and refreshed cabinets. There's a cozy breakfast area off the garage entrance and an atrium space off the living room. Both bedrooms on the second floor have bamboo/wood flooring and ensuite bathrooms, with 2 balconies and a utility room. The unit includes 2 assigned garage parking spaces, a patio area, & a secured storage closet in the garage. A washer, dryer, & new stainless refrigerator are also included. Enjoy the private upstairs balcony or entertain in the patio area off the living room. Centrally located minutes from downtown, Buffalo Bayou Park, Metro Rail, the Museum District, Hermann Park, and the Texas Medical Center.

Investor Tools

Property Icon
$330,000
Estimated Property Value
$268,651Estimated Mortgage Balance
$61,349Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$576/month
$480/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,257
$278,143
2025
$52,847
$225,296
$278,143
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,257
$278,143

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Conventional
$276,450
No
First
Oct 9, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$268,651
$34,349
11%
81%
$1,658/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$2,138/mo
$-178/mo
7.1%

Learn About the Market: Opportunity in Houston

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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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403 Anita St Unit 18 | Property Details | No Agent List