15Days on Market

2view

$7,995

603 Archer Street, Houston, TX, 77009

On Market

Lease

5 Beds

4 Bath

3,650 Sq Ft

Single Family Residence

$2.19 / sqft

Built in 2003

Highlights

Interior

Bedrooms 5

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesElectric Range, Refrigerator, Dishwasher

Exterior

Lot Size5,001 sqft

Building Information

Year Built2003

Garage Spaces1

Land Information

APN0331190670013

Lot Number8

SubdivisionBrooke Smith

Land UseResidential

Legal DescriptionLT 8 BLK 67 BROOKE SMITH

Census Tract511600

Assessed Land Value$300,000

Assessed Improvement Value$697,083

Assessment Year2025

About this property

Spacious 5-bedroom, 3.5-bath home nestled in a desirable location minutes from the Heights' popular destinations. With over 3,600 sqft of living space, this well-appointed residence offers both comfort and versatility. The generous lot size close to downtown provides ample outdoor space for relaxation or entertaining. One of the standout features of this property is the finished 1-bedroom apartment, perfect for generating rental income or serving as a guest suite (680sqft): This private living space boasts its own entrance, kitchenette, and bathroom, providing a seamless opportunity for additional revenue or hosting family and friends. An adjacent AC'd flex space (383sqft) could be used for a gym. Enjoy the vibrant lifestyle the Heights offers, with easy access to parks, dining, and entertainment.

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Jerry Ta

Propertycare, LLC

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,812/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$16,519

$997,083

2025

$300,000

$697,083

$997,083

Tax History

Year

Tax Paid

Assessed Value

2024

$16,519

$997,083

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Ally Bank

Conventional

$579,314

First

Nov 13, 2019

Dec 2049

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$695,389

$350,611

33%

66%

$4,674/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,095/mo

$4,674/mo

$-3,579/mo

1.3%

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