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$301,000

NAL Estimated Property Value

510 Lovett Boulevard 307, Houston, TX, 77006

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths1,344 Sq Ft
price_per_sqft$217.26 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Microwave, Gas Range, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built2008

Land Information

APN1318250000015
SubdivisionLovett Place Condo 4th Amend
Land UseResidential
Legal DescriptionUNIT 307 .0384 INT COMMON LAND & ELE LOVETT PLACE CONDO 4TH AMEND
Census Tract410704
Assessed Land Value$52,542
Assessed Improvement Value$223,996
Assessment Year2025

About this property

If you’re drawn to Montrose for the character, diversity and flair, then living in a former rock ‘n roll radio station may be just the place for you. Full of style, centrally located and already updated gives you the choice of entertaining at home or enjoying a inner loop lifestyle! Mid-rise 2-story condo is thoughtfully and tastefully appointed plus meticulously maintained. Central location makes it appealing for your lifestyle or as an investment. Interior and cabinets recently painted. Living, dining, kitchen (including rare gas range) and powder room on 1st level. 2nd level is your own private suite retreat with room for a wfh office. Double-sink bathroom with jetted tub and separate shower. Hardwoods 1st floor and new carpet on 2nd floor. Entertain on your private balcony with downtown views or the rooftop terrace with panoramic views. Convenience of 24-hr gym for residents. Gated parking garage. Building elevator. Lock & leave convenience. High walk, transit and bike scores.

Investor Tools

Property Icon
$301,000
Estimated Property Value
$211,637Estimated Mortgage Balance
$89,363Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,806 /month
Positive
Cash Flow Estimate:
$602 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$479/month
$587/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,247
$276,538
2025
$52,542
$223,996
$276,538
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,247
$276,538

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Willow Bend Mortgage Co
Conventional
$226,310
No
First
Nov 3, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$211,637
$89,363
29%
70%
$1,357/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,944/mo
$-304/mo
6.5%

City: Houston

510 Lovett Boulevard 307 | Property Details | No Agent List