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Owner Contacts

$483,000

NAL Estimated Property Value

503 Parker St, Houston, TX, 77007

Off Market

2 Beds

3 Bath

2,320 Sq Ft

Condos / Townhouses

$184.91 / sqft

Built in 2004

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size1,642 sqft

Building Information

Year Built2004

Garage Spaces1

Land Information

APN1247520010001

Lot Number1

SubdivisionParker Court

Land UseResidential

Legal DescriptionLT 1 BLK 1 PARKER COURT

Census Tract510702

Assessed Land Value$247,682

Assessed Improvement Value$220,739

Assessment Year2025

About this property

Spacious Rice Military townhome with NO HOA, multiple outdoor spaces, amazing storage, 2 story Living Room with gaslog fireplace & RECENT STUCCO REPAIRS COMPLETED (April 2023)! Outdoor entertaining spaces include large brick paved side yard approx. 30’x11’ (Buyer to verify), 1st floor covered porch facing yard & 2nd floor balcony overlooking yard! Large Kitchen has gas cooking, SS appliances, island, breakfast bar, granite tops & open to LR/DR. Entire 3rd floor is Primary Suite with massive Bedroom & adjacent Flex Space perfect for Study, Nursery, or whatever fits your needs. Primary Bath features dual sinks, jetted soaking tub & separate walk-in shower. 2 car garage. Refrig, washer & dryer included! AC replaced 2018 (per Seller)! Slate floors on 1st level, Oak hardwoods throughout 2nd level and all stairs & only carpet is 3rd floor. Great location convenient to major streets & walkable to restaurants, coffee shops, bars & more! NO HOA! AIRBNB & SHORT-TERM RENTALS ARE ALLOWED!

Investor Tools

$483,000

Estimated Property Value

$381,743Estimated Mortgage Balance

$101,257Estimated Equity

20% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,898 /month

Positive

Cash Flow Estimate:

$966 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$790/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,069

$468,421

2025

$247,682

$220,739

$468,421

Tax History

Year

Tax Paid

Assessed Value

2024

$7,069

$468,421

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Guaranteed Rate Affinity Llc

Conventional

$403,275

First

Jun 30, 2023

Jul 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$381,743

$99,257

20%

79%

$2,418/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

$2,418/mo

$-458/mo

4.9%

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