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$700,384

NAL Estimated Property Value

502 Sandman St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,442 Sq Ft
price_per_sqft$278.05 / sqft
Year BuiltBuilt in 2016

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
AppliancesDisposal, Convection Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringMarble, Stone, Wood

Exterior

Lot Size2,017 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN1363840010001
Lot Number1
Land UseResidential
Legal DescriptionLT 1 BLK 1 GIBSON SANDMAN VILLAS
Census Tract510801
Assessed Land Value$227,909
Assessed Improvement Value$472,475
Assessment Year2025

About this property

Unmatched quality abounds in this stunning 3 story Home in the heart of Rice Military featuring a stylish exterior design of stucco & antique Chicago Brick. Only a coveted corner location such as this offers abundant natural light & brilliant sky views galore! You’ll marvel at the open concept living space boasting soaring ceiling heights, brilliant White Oak hardwoods & French doors to a sprawling covered balcony! Massive Island Kitchen features stunning quartz counters, high-end appliances by Thermador & Frigidaire, custom cabinetry w/ under mounted lighting, decorative backsplash & large pantry. The Primary Suite boasts extra space for sitting area or work space & a gorgeous spa-like bath! Spacious Secondary Bedrooms boast in-suite baths, large closets & more! All this plus a welcoming private entry, fenced yard w/ irrigation system, wide drive for extra parking, 2 car garage & more, just minutes from Downtown Houston, Memorial Park, the Washington Corridor & the Heights! WOW!

Investor Tools

Property Icon
$700,384
Estimated Property Value
$526,970Estimated Mortgage Balance
$173,414Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,202 /month
Positive
Cash Flow Estimate:
$1,401 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,455/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,956
$700,384
2025
$227,909
$472,475
$700,384
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,956
$700,384

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$547,500
No
First
Apr 22, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$526,970
$174,030
24%
75%
$3,283/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,283/mo
$-703/mo
4.4%

City: Houston

502 Sandman St | Property Details | No Agent List