$151,440
NAL Estimated Property Value606 Marshall St # B27, Houston, TX, 77006
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
Building Information
Year Built1970
Stories1
Land Information
APN1141920020018
SubdivisionMontrose Place
Land UseResidential
Legal DescriptionTH 27 BLDG B .02635 INT COMMON LAND & ELE MONTROSE PLACE T/H CONDO
Census Tract410704
Assessed Land Value$28,774
Assessed Improvement Value$122,666
Assessment Year2025
About this property
Beautiful Montrose condo features an updated kitchen, open floor plan, one bedroom, and a large walk-in closet. The bathroom has been recently renovated with marble flooring, new bath/shower marble backsplash, and a seamless shower door. The property includes a refreshing pool and a first-class laundry facility. The condo is situated in a residential neighborhood with convenient access to Downtown, the Medical Center, and the Galleria.
Investor Tools
$151,440
Estimated Property Value
$103,163Estimated Mortgage Balance
$48,277Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$909 /month
Positive
Cash Flow Estimate:
$303 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$234/month
$375/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,047
$151,440
2025
$28,774
$122,666
$151,440
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,047
$151,440
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Conventional
$123,500
No
First
Apr 13, 2018
May 2048
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,163
$48,277
31%
68%
$741/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,116/mo
+$524/mo
13.0%
