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Owner Contacts

$794,000

NAL Estimated Property Value

506 Welch St, Houston, TX, 77006

Off Market

3 Beds

3 Bath

2,503 Sq Ft

Single Family Residence

$271.63 / sqft

Built in 2022

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Lot Size2,500 sqft

Building Information

Year Built2022

Garage Spaces1

Land Information

APN1455120010001

Lot Number1

Land UseResidential Single Family

Legal DescriptionLT 1 BLK 1 WELCH STREET GREEN

Census Tract410502

Assessed Land Value$225,000

Assessed Improvement Value$426,500

Assessment Year2025

About this property

Mazzarino Construction & Development's new division is here in Houston's well established inner loop neighborhoods. MAZZTAO Homes features a new, stylish, extremely versatile, quality home with a functional floor plan. The floor plan has 3 bedrooms, 2.5 bathrooms , primary suite with a 2 walk-in closets, first floor living, flex room, & private driveway. Retail, restaurants, gym, groceries, you name it, it's walking distance away. Major freeways, downtown, medical center, parks, theater, art & museum districts are all within minutes. Ask about remaining customization options available(during construction ONLY) *NOTE: PHOTOS IN LISTING ARE OF A MODEL HOME W/A SIMILAR FLOOR PLAN &/OR UPGRADE/ FINISHES. PLANS & SELECTIONS ARE SUBJECT TO CHANGE W/OUT NOTIFICATION.

Investor Tools

$794,000

Estimated Property Value

$0Estimated Mortgage Balance

$794,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,764 /month

Positive

Cash Flow Estimate:

$1,588 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,440/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$13,309

$651,500

2025

$225,000

$426,500

$651,500

Tax History

Year

Tax Paid

Assessed Value

2024

$13,309

$651,500

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$788,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

N/A

+$2,580/mo

3.9%

Learn About the Market: Opportunity in Houston

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