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$634,000

NAL Estimated Property Value

709 Lester St, Houston, TX, 77007

$638,289 ARVInfo
Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,875 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$241.74 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Refrigerator, Dishwasher

Exterior

Private PoolPrivate Pool
Lot Size2,775 sqft

Building Information

Year Built2001
Garage Spaces1

Land Information

APN1214500010002
Lot Number2
Land UseResidential
Legal DescriptionLT 2 BLK 1 LESTER ST T/H
Census Tract510801
Assessed Land Value$250,468
Assessed Improvement Value$236,087
Assessment Year2025

About this property

Captivating townhome on an expansive lot with a stunning pool and ample outdoor entertaining space. This gem boasts a grand entry leading to a versatile first-floor den/office/bedroom w/ a full bath & access to a large covered patio, pool, & outdoor entertainment area. Upstairs features hardwood floors, a dining area, living room w/fireplace, & a large balcony overlooking beautiful surroundings. The open concept features the open island kitchen w/bar seating, breakfast area, recent stainless appliances, gas cooktop, oven, warming drawer and wine fridge. The primary bedroom is entered from a private entry way and offers room for a sitting area, floor to ceiling windows, built-in dresser, desk, lighted cabinets, wine fridge, & coffee bar. The Spa like bath with separate shower, soaking tub and 2 huge closets complete the owner's retreat. The secondary bedroom on the 3rd floor is ensuite. The home is located minutes from downtown, Memorial Park, Allen Parkway, and top-notch restaurants.

Investor Tools

Property Icon
$634,000
Estimated Property Value
$0Estimated Mortgage Balance
$634,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$638,289
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,170 /month
Positive
Cash Flow Estimate:
$1,390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,200/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,236
$486,555
2025
$250,468
$236,087
$486,555
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,236
$486,555

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$642,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
N/A
+$2,580/mo
4.9%

City: Houston

709 Lester St | Property Details | No Agent List