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$481,000

NAL Estimated Property Value

506 Bolton Pl, Houston, TX, 77024

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,544 Sq Ft
price_per_sqft$176.89 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Double Oven, Electric Oven, Trash Compactor, Electric Cooktop, Electric Range, Dishwasher, Washer/Dryer
FlooringCarpet, Wood

Exterior

Lot Size3,302 sqft

Building Information

Year Built1970
Stories1
Garage Spaces2

Land Information

APN1043950000025
Lot Number25
SubdivisionLafayette Place
Land UseResidential
Legal DescriptionLT 25 BLK 1 LAFAYETTE PLACE SEC 5 R/P
Census Tract430101
Assessed Land Value$230,400
Assessed Improvement Value$189,600
Assessment Year2025

About this property

Close-in Memorial area townhome with first floor master plus secondary bedroom. High ceilings and generous room sizes throughout this exceptional home convenient to Memorial Park, Downtown, Uptown Park, and The Galleria. The large family room, study or den with built-ins, dining room, and master overlook a light filled private patio. The kitchen features an abundance of storage cabinets and counter space. There is a guest apartment at the rear of the house accessed through the oversized garage. All rooms are generously proportioned. Zoned to Hunter’s Creek Elementary and Memorial High. A rare opportunity for first floor living with low maintenance in a great location.

Investor Tools

Property Icon
$481,000
Estimated Property Value
$382,077Estimated Mortgage Balance
$98,923Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,886 /month
Positive
Cash Flow Estimate:
$962 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$516/month
$1,300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,790
$420,000
2025
$230,400
$189,600
$420,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,790
$420,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Assurance Financial Group Llc
Conventional
$377,900
No
First
Nov 20, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$382,077
$99,923
20%
79%
$2,544/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$3,844/mo
$-1,324/mo
6.3%

City: Houston

506 Bolton Pl | Property Details | No Agent List