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$475,000

NAL Estimated Property Value

408 Fowler St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,296 Sq Ft
price_per_sqft$200.35 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave, Gas Cooktop, Refrigerator, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,581 sqft

Building Information

Year Built2006
Garage Spaces2

Land Information

APN1275380010003
Lot Number3
SubdivisionFeagan Manors
Land UseResidential
Legal DescriptionLT 3 BLK 1 FEAGAN MANORS
Census Tract510702
Assessed Land Value$243,826
Assessed Improvement Value$213,893
Assessment Year2025

About this property

This wonderful townhouse is in a great section of Rice Military with an abundance of street parking, walking distance to St. Thomas Highschool and hip restaurants. The first floor offers a bedroom with earth toned tiled floors, en suite bathroom and French doors leading to the outside deck covered by a pergola. The second floor offers high ceilings, crown molding and art nook. The updated kitchen is flanked by a large formal dining room and a large living room with a beautiful mantel, gas fireplace and French doors leading to a charming balcony. Winding up the fabulous hardwoods and rod iron staircase awaits a large primary bedroom with a gorgeous ceiling fan, an en suite bath and 2 large walk-in closets. The third bedroom is a generous size with a darling en suite bath. Seller has painted the kitchen cabinets, replaced the primary tub and built a new fence and deck. Home has a large garage and security system.

Investor Tools

Property Icon
$475,000
Estimated Property Value
$354,092Estimated Mortgage Balance
$120,908Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$782/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,013
$457,719
2025
$243,826
$213,893
$457,719
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,013
$457,719

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$376,000
No
First
Mar 29, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$354,092
$121,908
25%
75%
$2,255/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,255/mo
+$325/mo
6.5%

City: Houston

408 Fowler St | Property Details | No Agent List