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Owner Contacts

$731,000

NAL Estimated Property Value

405 Stratford St, Houston, TX, 77006

Off Market

3 Beds

3 Bath

2,248 Sq Ft

Single Family Residence

$288.7 / sqft

Built in 1915

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesGas Oven, Gas Range, Dryer, Washer

FlooringWood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1915

Garage Spaces3

Land Information

APN0261270020003

Lot Number3

SubdivisionMontrose

Land UseResidential

Legal DescriptionLT 3 BLK A MONTROSE

Census Tract410502

Assessed Land Value$400,000

Assessed Improvement Value$240,000

Assessment Year2025

About this property

STUNNING 1915 Montrose craftsman w/spacious front porch, high ceilings, hardwood floors, & incredible original detail throughout. Incredible opportunity to update/personalize this 3 or 4 bed /3 bath plus sunroom and office/study. Home also features an elevator. Completely fenced property, w/back yard and MASSIVE oversized 2+ car garage, PLUS a separate workshop. Truly a MUST SEE!! Located on a quiet street in the Avondale West Historic District in heart of Montrose - walk to the Avondale Promenade Park and over 24 restaurants. Ideal location1 mile to Buffalo Bayou hike & bike trails and just minutes to Downtown, Museum District, Med Center & Galleria areas.

Investor Tools

$731,000

Estimated Property Value

$0Estimated Mortgage Balance

$731,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,386 /month

Positive

Cash Flow Estimate:

$1,462 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,205/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,805

$640,000

2025

$400,000

$240,000

$640,000

Tax History

Year

Tax Paid

Assessed Value

2024

$10,805

$640,000

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$711,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

N/A

+$3,340/mo

5.5%

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