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Owner Contacts

$347,000

NAL Estimated Property Value

510 Lovett Boulevard 301, Houston, TX, 77006

Off Market

2 Beds

2 Bath

1,306 Sq Ft

Condos / Townhouses

$248.85 / sqft

Built in 2008

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

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

FlooringTile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built2008

Land Information

APN1318250000009

SubdivisionLovett Place Condo 4th Amend

Land UseResidential

Legal DescriptionUNIT 301 .0373 INT COMMON LAND & ELE LOVETT PLACE CONDO 4TH AMEND

Census Tract410704

Assessed Land Value$51,447

Assessed Improvement Value$219,328

Assessment Year2025

About this property

Outstanding 2 bedroom apartment in the heart of Houston's most walkable neighborhood! Enjoy a walk score of 79, you are steps away from popular restaurants, coffee shops, shopping and transportation. Take a walk around the beautiful campus of nearby University of St. Thomas or the Museum District just a short bike ride away. Inside you'll find a spacious and bright layout with a large living room with open island kitchen and balcony. Two bedrooms each with its own bath plus an additional balcony off the master suite. Very well kept apartment with beautiful Lovett Blvd. tree line views. Ready for immediate occupancy. Fresh interior paint, ready for move-in.

Investor Tools

$347,000

Estimated Property Value

$190,925Estimated Mortgage Balance

$156,075Estimated Equity

44% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,082 /month

Positive

Cash Flow Estimate:

$694 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$665/month

$570/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,250

$270,775

2025

$51,447

$219,328

$270,775

Tax History

Year

Tax Paid

Assessed Value

2024

$6,250

$270,775

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

American Neighborhood Mtg Acceptance Co

Conventional

$206,000

First

Jun 6, 2022

Jul 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$190,925

$156,075

44%

55%

$1,236/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

$1,806/mo

+$154/mo

6.8%

Learn About the Market: Opportunity in Houston

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