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$715,000

NAL Estimated Property Value

409 W Polk St, Houston, TX, 77019

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,510 Sq Ft
price_per_sqft$254.58 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringStone, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size2,500 sqft

Building Information

Year Built2013
Garage Spaces1

Land Information

APN1342440010002
Lot Number2
Land UseResidential
Legal DescriptionLT 2 BLK 1 TRICONS WEST POLK STREET ENCLAVE
Census Tract410202
Assessed Land Value$200,000
Assessed Improvement Value$479,870
Assessment Year2025

About this property

Sleek, modern lines define this fantastic home, nicely situated in the heart of Montrose, close to the best restaurants, shops, night life, and downtown. High ceilings, open floor plan, hardwoods, granite counters, Bosch appliances, custom cabinets, & natural stone details are just some of the many features that you would expect to find in much more expensive homes. The first floor en-suite bedroom leads to a covered patio and large back yard (complete with a putting green) that has room for a pool, if desired. The 2nd floor reveals an entertainer's dream, with a chef's kitchen, coffee bar, and breakfast room that opens to the dining and living rooms. French doors lead to a huge patio. The spacious master suite and spa-like bathroom with two walk-in closets, is on the third floor, along with another spacious en-suite bedroom. Stucco has been impeccably maintained and entire exterior of the home has been recently painted. This home is move-in and ready for its new owners!

Investor Tools

Property Icon
$715,000
Estimated Property Value
$394,744Estimated Mortgage Balance
$320,256Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,290 /month
Positive
Cash Flow Estimate:
$1,430 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$710/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,950
$679,870
2025
$200,000
$479,870
$679,870
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,950
$679,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Regions Bank
Conventional
$400,000
No
First
Aug 18, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$394,744
$285,126
41%
55%
$2,399/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,399/mo
+$181/mo
4.3%

City: Houston

409 W Polk St | Property Details | No Agent List