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Owner Contacts

$1,254,481

NAL Estimated Property Value

603 Sul Ross St, Houston, TX, 77006

Off Market

3 Beds

3 Bath

2,644 Sq Ft

Single Family Residence

$206.13 / sqft

Built in 1917

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

Exterior

Lot Size9,827 sqft

Building Information

Year Built1917

Garage Spaces2

Land Information

APN0230650000012

SubdivisionLockhart Connor & Barziza

Land UseResidential

Legal DescriptionTRS 1A 2 & 3B BLK 9 LOCKHART CONNOR & BARZIZA

Census Tract410706

Assessed Land Value$593,120

Assessed Improvement Value$661,361

Assessment Year2025

About this property

Come restore this beautiful historic 1917 home with so much potential! This historic 2 story home features a 9,800 sqft corner lot and basement in a walkable highly sought out neighborhood in Montrose near Rice Village and Houston's Museum District. This Montrose neighborhood is easy to walk around and enjoy with new sidewalks, new streets, new sewer connections, and updated drainage. This home is walking distance to the best coffee shops, restaurants, bars and boutique stores this city has to offer! Ask the listing agent for help seeking a lot loan to make this historic property your own with endless possibilities!

Investor Tools

$1,254,481

Estimated Property Value

$595,450Estimated Mortgage Balance

$659,031Estimated Equity

52% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$7,527 /month

Positive

Cash Flow Estimate:

$2,509 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,420/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$22,770

$1,254,481

2025

$593,120

$661,361

$1,254,481

Tax History

Year

Tax Paid

Assessed Value

2024

$22,770

$1,254,481

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Flagstar Bank Fsb

Conventional

$646,000

First

Mar 24, 2022

Apr 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$595,450

$659,031

52%

47%

$3,874/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$3,874/mo

$-1,294/mo

2.5%

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.

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