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$616,000

NAL Estimated Property Value

416 Lovett Blvd, Houston, TX, 77006

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,049 Sq Ft
price_per_sqft$251.34 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee Owner

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
FlooringCarpet, Tile, Wood

Exterior

Lot Size2,396 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN1265330010002
Lot Number2
Land UseResidential
Legal DescriptionLT 2 BLK 1 LOVETT STREET PLAZA
Census Tract410704
Assessed Land Value$194,950
Assessed Improvement Value$344,063
Assessment Year2025

About this property

Welcome to 416 Lovett, a stunning 3-story home in Montrose, minutes from River Oaks Shopping Center & Midtown. Every BR features an en-suite bath. The 1st-floor suite offers immediate patio access, ideal for a MIL suite or home office. The 2nd floor is built for entertaining, w/ an open kitchen boasting rich cabinetry, granite counters, & a breakfast bar. The spacious living area features grand double doors opening to a balcony, while a tucked-away half bath adds convenience. The 3rd-floor primary suite stuns w/ a tray ceiling, an oversized walk-in closet w/ built-ins, & a spa-like bath w/ a jetted tub & a glass-enclosed shower equipped w/ four body jets. A charming brick-paved patio offers a serene outdoor escape. This home perfectly balances sophistication w/ timeless charm, all within a prime location. Experience the best of city living just moments from Montrose’s vibrant nightlife, the upscale shopping of River Oaks, & the energetic atmosphere of Midtown—an absolute must-see!

Investor Tools

Property Icon
$616,000
Estimated Property Value
$419,178Estimated Mortgage Balance
$196,822Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,696 /month
Positive
Cash Flow Estimate:
$1,232 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,091/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,012
$539,013
2025
$194,950
$344,063
$539,013
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,012
$539,013

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$428,000
No
First
Mar 31, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$419,178
$148,822
26%
68%
$2,567/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,567/mo
+$13/mo
5.0%

Learn About the Market: Opportunity in Houston

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Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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416 Lovett Blvd | Property Details | No Agent List