Street View

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Owner Contacts

$499,000

607 Algona Ave, Houston, TX, 77008

Off Market

3 Beds

3 Bath

1,535 Sq Ft

Single Family Residence

$257.33 / sqft

Built in 2020

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher

FlooringCarpet, Tile

Exterior

Lot Size2,021 sqft

Building Information

Year Built2020

Garage Spaces1

Land Information

APN1400700010019

Lot Number19

Land UseResidential

Legal DescriptionLT 19 BLK 1 RESERVE AT WASHINGTON SEC 2

Census Tract510902

Assessed Land Value$143,250

Assessed Improvement Value$279,844

Assessment Year2025

About this property

NEW DAVID WEEKLEY HOME! Welcome home to the elegance and sleek style of the awe-inspiring Gamay luxury home. Begin and end each day in the exquisite comfort of your refined master bedroom, which includes a pamper-ready bathroom with Super Shower and a deluxe walk in closet. The guest suite and spare bedroom both provide unique appeal and remarkable potential. Natural light shines on the sensational living space of your open floor plan through soaring, energy-efficient windows. Balcony off living room overlooks community green space (TREES!) Share your culinary masterpieces on the presentation island in the modern kitchen. Enjoy your spacious private back yard and don’t worry about mowing it- that is included in yor HOA (so is water, sewer, trash pick-up 2x/wk!) You’ll love your LOW utility bills. EFL Energy Usage Guarantee*. Walking distance to Railway Heights Food/Beer/Wine market (coming soon).

Investor Tools

$499,000

Estimated Property Value

$332,500Estimated Mortgage Balance

$203,597Estimated Equity

33% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,994 /month

Positive

Cash Flow Estimate:

$998 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$911/month

$2,100/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,431

$423,094

2025

$143,250

$279,844

$423,094

Tax History

Year

Tax Paid

Assessed Value

2024

$8,431

$423,094

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Priority Home Mortgage Lp

Conventional

$332,500

First

Aug 14, 2020

Sep 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$295,403

$187,597

38%

59%

$1,994/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,230/mo

$4,094/mo

$-1,864/mo

5.4%

Learn About the Market: Opportunity in Houston

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