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$597,000

NAL Estimated Property Value

548 Bomar St, Houston, TX, 77006

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,123 Sq Ft
price_per_sqft$235.52 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Washer/Dryer
FlooringCarpet, Stone, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,603 sqft

Building Information

Year Built2003
Garage Spaces1

Land Information

APN1220700010017
Lot Number17
SubdivisionMillennium Homes On Bomar Ave
Land UseResidential
Legal DescriptionLT 17 BLK 1 MILLENNIUM HOMES ON BOMAR AVE
Census Tract410502
Assessed Land Value$144,450
Assessed Improvement Value$327,050
Assessment Year2025

About this property

Step into this charming townhome nestled in a secure gated community, where every detail is meticulously tended to. With ample guest parking available, convenience greets you at the doorstep. Inside, be welcomed by soaring ceilings and pristine hardwood floors that adorn the living & dining areas. Sunlight dances through plantation shutters, highlighting the cozy fireplace and inviting ambiance. Two balconies offer serene outdoor retreats, while generously-sized windows invite the outdoors in. The first floor study/bedroom opens to a tranquil patio, offering versatility and relaxation. The gourmet kitchen is a chef's delight, boasting granite countertops, stainless steel appliances, a gas range, and a convenient walk-in pantry. Retreat to the expansive and luminous primary suite, complete with a luxuriously appointed spa-like bath featuring double sinks, a whirlpool tub, a separate shower, and a TWO spacious closets for effortless organization. Home equipped with hardwired internet.

Investor Tools

Property Icon
$597,000
Estimated Property Value
$425,129Estimated Mortgage Balance
$171,871Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,582 /month
Positive
Cash Flow Estimate:
$1,194 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$717/month
$1,144/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,621
$471,500
2025
$144,450
$327,050
$471,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,621
$471,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Fha
$439,560
Yes
First
Jul 12, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$425,129
$168,871
28%
71%
$2,636/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,780/mo
$-1,200/mo
5.2%

Learn About the Market: Opportunity in Houston

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Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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548 Bomar St | Property Details | No Agent List