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$794,000

NAL Estimated Property Value

506 Welch St, Houston, TX, 77006

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,503 Sq Ft
price_per_sqft$271.63 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher, Cooktop
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

Property Icon
$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
No

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%
$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%

City: Houston

506 Welch St | Property Details | No Agent List