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$495,000

503 Detering Street, Houston, TX, 77007

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths4 Bath
Baths2,424 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$204.21 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

BankruptcyHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Vinyl Plank

Exterior

Lot Size1,568 sqft

Building Information

Year Built1999
Stories3
Garage Spaces2

Land Information

APN0511070100008
SubdivisionDetering H E
Land UseResidential
Legal DescriptionTR 8 BLK 10 DETERING H E
Census Tract510801
Assessed Land Value$204,075
Assessed Improvement Value$254,160
Assessment Year2025

About this property

Rare opportunity in highly desirable Rice Military. This beautifully upgraded property offers the ideal move-in ready experience in one of Houston’s most sought-after neighborhoods. Key Features & Upgrades : 2024 HVAC system replaced; 2021 Tankless Water Heater for efficiency and endless hot water;2019 Roof replaced providing long-term peace of mind; Finished 2-car garage with epoxy flooring and built-in EV charging plug. Interior Highlights: All-new luxury vinyl plank flooring and fresh interior paint throughout. Fully renovated bathrooms with elegant modern finishesChef’s dream kitchen featuring brand-new KitchenAid appliances, custom cabinetry, and large island.High ceilings, plantation shutters, and an open layout. Outdoor Living is hard to find in this area - Enjoy a newly improved patio—perfect for morning coffee or evening relaxation. Added RARE bonus -Extra assigned parking space conveniently located in front of the property for guests!

Investor Tools

$368,858Estimated Mortgage Balance
$136,142Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,030 /month
Positive
Cash Flow Estimate:
$1,010 /month

Interested in this property?

Karen Sumner

Keller Williams Realty Professionals

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$881/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,046
$458,235
2025
$204,075
$254,160
$458,235
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,046
$458,235

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Credit Union Of Texas
Conventional
$389,000
No
First
Aug 10, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$368,858
$136,142
26%
73%
$2,333/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,333/mo
+$247/mo
6.1%

City: Houston

503 Detering Street | Property Details | No Agent List