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$747,833

404 Emerson St, Houston, TX, 77006

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,522 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.78 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size2,749 sqft

Building Information

Year Built1986
Stories3
Garage Spaces2

Land Information

APN0370330000050
SubdivisionWestmoreland
Land UseResidential
Legal DescriptionTR 9C BLK 5 WESTMORELAND
Census Tract410704
Assessed Land Value$212,500
Assessed Improvement Value$535,333
Assessment Year2025

About this property

Elegantly updated home located in Montrose’s historic Westmoreland. Close vicinity to Downtown, great shops, churches, parks, museums, restaurants & more! One of Houston’s oldest living Magnolia Trees canopy’s over the front driveway. Spacious floor plan with 2nd floor living enjoys treehouse views! Large Formal Living & Dining are located to the front. The amazing remodeled, enlarged Chef’s Kitchen & Family Room are located to the back. Beautiful brick wine & wet bar opens to Family Room. The first level is a huge 3rd bedroom (24x14)with access to the pool & back garden. Take a dip or grill by the pool. The 1st floor could be an in-law suite with full bath and kitchenette. The amazing Master Suite is on the 3rd floor complete with a private Den with 10’ arched mahogany doors between these rooms. The Den even has access to a small outdoor private terrace. An 11x12 en-suite-secondary-bedroom is also on the 3rd level.

Investor Tools

Property Icon
$747,833
Estimated Property Value
$346,241Estimated Mortgage Balance
$451,181Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,487 /month
Positive
Cash Flow Estimate:
$1,496 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,443/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,576
$747,833
2025
$212,500
$535,333
$747,833
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,576
$747,833

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Conventional
$346,241
No
First
Mar 20, 2019
Apr 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$296,652
$451,181
60%
40%
$2,076/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,076/mo
+$504/mo
4.1%

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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404 Emerson St | Property Details | No Agent List