B+

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Owner Contacts

$490,000

NAL Estimated Property Value

404 Fowler Street, Houston, TX, 77007

Off Market

3 Beds

4 Bath

2,282 Sq Ft

Condos / Townhouses

$173.09 / sqft

Built in 2006

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Washer/Dryer

FlooringCarpet, Tile, Wood

Exterior

Lot Size1,825 sqft

Building Information

Year Built2006

Garage Spaces1

Land Information

APN1275380010001

Lot Number1

SubdivisionFeagan Manors

Land UseResidential

Legal DescriptionLT 1 BLK 1 FEAGAN MANORS

Census Tract510702

Assessed Land Value$261,033

Assessed Improvement Value$228,967

Assessment Year2025

About this property

*CLICK 3D TOUR LINK * Vertical Luxury Living in the Rice Military district is exactly what you've been searching for! This beautiful 3 bedroom, 3.5 bath Townhome with its own private balcony and yard is waiting for you. Roof & Carpet are BRAND NEW (Aug. 2020). Great corner location with wide streets! The large master retreat features two walk-in closets and a luxurious bathroom with dual vanities, designer fixtures, a walk-in shower and a whirlpool tub. The kitchen features granite countertops, stainless steel appliances, breakfast nook and an island with a built-in wine fridge. The second floor dining and living area has wood floors, a slate-tiled fireplace & built-in bookshelves. RARE Find- Large storage closet under the stairs on the first floor, perfect for storing seasonal items! Less than 15 minutes away from Downtown & the Galleria. Easy access to Memorial Park, Buffalo Bayou trails, HEB & walking distance to restaurants and bars.

Investor Tools

$490,000

Estimated Property Value

$288,708Estimated Mortgage Balance

$201,292Estimated Equity

41% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,940 /month

Positive

Cash Flow Estimate:

$980 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$847/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,717

$490,000

2025

$261,033

$228,967

$490,000

Tax History

Year

Tax Paid

Assessed Value

2024

$7,717

$490,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Zeus Mortgage Ltd

Conventional

$323,000

First

Nov 24, 2020

Dec 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$288,708

$201,292

41%

59%

$1,937/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$1,937/mo

+$643/mo

6.3%

Learn About the Market: Opportunity in Houston

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