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B+
NoAgentList RatingHow are grades calculated? Info

$494,000

706 Hartman St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,396 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$219.11 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Exterior FeaturesCourtyard
Lot Size1,816 sqft

Building Information

Year Built2001
Garage Spaces1

Land Information

APN1217150010010
Lot Number10
SubdivisionWaugh Drive T/H
Land UseResidential
Legal DescriptionLT 10 BLK 1 WAUGH DRIVE T/H
Census Tract510702
Assessed Land Value$218,980
Assessed Improvement Value$272,833
Assessment Year2025

About this property

Welcome to this exquisite residence in the desirable Rice Military neighborhood, combining charm & modern luxury in a private, low-maintenance setting. Built in 2001, this home features 3 bedrooms & 3.1 baths, offering a spacious open layout illuminated by abundant natural light through expansive windows. Hardwood floors, high ceilings & a fireplace enhance the main living area. The chef's kitchen boasts an oversized island, quartz countertops, designer backsplash, stainless steel appliances, a walk-in pantry & recessed lighting. The primary suite includes a sitting area, an expansive walk-in closet & an ensuite bath with dual vanities, a soaking tub & a glass-enclosed shower. Outdoor living is elevated with a private fenced yard, while the 2-car garage provides convenience. Located in a gated community, this property offers an easy commute to Downtown, the Galleria & the Medical Center & is near top parks, trails & restaurants. Experience luxury living in this prime location.

Investor Tools

Property Icon
$494,000
Estimated Property Value
$412,000Estimated Mortgage Balance
$90,493Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$751/month
$2,692/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,541
$491,813
2025
$218,980
$272,833
$491,813
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,541
$491,813

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$412,000
No
First
Mar 21, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$403,507
$88,306
17%
82%
$2,471/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$5,163/mo
$-2,583/mo
6.3%

Learn About the Market: Opportunity in Houston

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Explore

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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706 Hartman St | Property Details | No Agent List