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Owner Contacts

$536,000

NAL Estimated Property Value

714 W Alabama St, Houston, TX, 77006

$630,405 ARV

Off Market

3 Beds

3 Bath

2,179 Sq Ft

Single Family Residence

$196.42 / sqft

Built in 1998

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Free-Standing Range, Gas Cooktop, Dishwasher, Dryer, Oven, Refrigerator, Washer

FlooringCarpet, Tile, Wood

Exterior

Lot Size1,734 sqft

Building Information

Year Built1998

Stories3

Garage Spaces2

Land Information

APN0261430000010

SubdivisionMontrose

Land UseResidential

Legal DescriptionTR 10 BLK 17 & 1/2 U/D INT IN TR 10B BLK 17 (COMMON AREA) MONTROSE

Census Tract410704

Assessed Land Value$161,750

Assessed Improvement Value$235,582

Assessment Year2025

About this property

*Master bedroom on first floor* This remodeled townhome is a jewel in the heart of montrose, across the street from divine coffee shops and award winning eateries. This home was custom designed to be as unique as you are, offering soaring sky high ceilings, spaces bathed in natural light, and a manicured private courtyard. Updates include gorgeous Mont Blanc marble 3CM in leather finish, brushed brass fixtures, high end appliances, and hardwood floors. With only 2 units in this community you get the best of both worlds; no HOA dues and modern living in Houston's hottest neighborhood without feeling crammed. This home was designed to be as functional as possible, with the entire first floor dedicated to the master. Quick Tip: Book your showing between 9am-1pm to experience the full beauty of the natural light as it pours into the space. *All furnishings are also for sale

Investor Tools

$536,000

Estimated Property Value

$324,456Estimated Mortgage Balance

$211,544Estimated Equity

39% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$630,404

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,216 /month

Positive

Cash Flow Estimate:

$1,072 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$643/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,039

$397,332

2025

$161,750

$235,582

$397,332

Tax History

Year

Tax Paid

Assessed Value

2024

$5,039

$397,332

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Network Funding Lp

Conventional

$352,000

First

Mar 4, 2022

Apr 2037

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$324,456

$208,544

39%

61%

$2,111/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$2,111/mo

+$469/mo

5.8%

Learn About the Market: Opportunity in Houston

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