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$1,257,000

NAL Estimated Property Value

4122 1/2 Drake Street, Houston, TX, 77005

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.22 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringLaminate, Wood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1941
Garage Spaces1

Land Information

APN0552900000014
Lot Number14
SubdivisionCollege Court Place
Land UseResidential
Legal DescriptionLT 14 BLK 15 COLLEGE COURT PLACE
Census Tract411801
Assessed Land Value$600,000
Assessed Improvement Value$220,900
Assessment Year2025

About this property

Free standing townhome with about 1800 sqft of living space. 2 bedrooms 2.5 bathrooms and a one car garage with LOTS of storage. Brand New flooring in bedrooms. Room to park 4 cars. 10 foot ceilings on 2nd and 3rd floors. MASSIVE walk in master closet. MASSIVE Master bedroom with sitting area. Walk to Many restaurants and grocery store. 12 minutes from downtown and the medical center. An additional fee of $75/mo. will be added to the rent which will cover Water, trash and lawncare.

Investor Tools

Property Icon
$1,257,000
Estimated Property Value
$297,339Estimated Mortgage Balance
$959,661Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,542 /month
Positive
Cash Flow Estimate:
$2,514 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,779/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,065
$820,900
2025
$600,000
$220,900
$820,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,065
$820,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometown America Inc
Conventional
$417,000
No
First
Dec 30, 2013
Dec 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,339
$959,661
76%
24%
$2,501/mo

City: Houston

4122 1/2 Drake Street | Property Details | No Agent List