$664,000
NAL Estimated Property Value4219 Drake St Unit C, Houston, TX, 77005
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Washer/Dryer, Refrigerator
FlooringCarpet, Tile, Wood
Exterior
Exterior FeaturesBalcony
Lot Size1,686 sqft
Building Information
Year Built2005
Garage Spaces1
Land Information
APN1268500010003
Lot Number3
SubdivisionStars On Drake
Land UseResidential
Legal DescriptionLT 3 BLK 1 STARS ON DRAKE
Census Tract411801
Assessed Land Value$223,972
Assessed Improvement Value$330,041
Assessment Year2025
About this property
Contemporary townhome conveniently located minutes from the Medical Center, Rice University and Downtown. It is zoned to the Exemplary school West University Elementary or enroll your children in some of the best private schools in Houston that are nearby. Enjoy a bright, open-concept living area for entertaining with easy access to the kitchen which shines with stainless steel appliances and granite countertops. Take your guests to the rooftop observation deck and relax while admiring a beautiful view. NO MONTHLY MAINTENCE FEE! HAS NEVER FLOODED!
Investor Tools
$664,000
Estimated Property Value
$398,511Estimated Mortgage Balance
$265,489Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,984 /month
Positive
Cash Flow Estimate:
$1,328 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$970/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,322
$554,013
2025
$223,972
$330,041
$554,013
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,322
$554,013
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homeside Financial Llc
Conventional
$438,900
No
First
Jul 23, 2021
Aug 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$398,511
$229,489
36%
60%
$2,632/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,632/mo
$-52/mo
4.7%
