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$993,000

NAL Estimated Property Value

803 Bomar Street B, Houston, TX, 77006

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,412 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$249.09 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Electric Oven, Trash Compactor, Microwave, Gas Range, Dishwasher
FlooringMarble, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size2,500 sqft

Building Information

Year Built2013
Garage Spaces1

Land Information

APN1345250010001
Lot Number1
Land UseResidential
Legal DescriptionLT 1 BLK 1 BOMAR PARK PLACE
Census Tract410501
Assessed Land Value$225,000
Assessed Improvement Value$646,800
Assessment Year2025

About this property

Welcome to 803 Bomar Street B, a stunning four story home in the heart of Montrose. Featuring an exceptional exterior of sleek stucco with private entry, the interior showcases a splendid second floor living w/ abundant natural light throughout. First floor includes a welcoming entry with Siberian Tundra limestone tile, spacious secondary with ensuite & a lovely low maintenance backyard. Upstairs, the open concept living & dining showcases white oak hardwoods & French doors to the Juliet balcony. Titanium black & white granite island kitchen is complete with a Thermador appliance set, custom cabinetry, historical handmade brick backsplash, and nicely-sized pantry. Third floor features the primary suite, Montclair marble spa-like bath, secondary bedroom w/ en-suite & utility room. Up top, is the rooftop terrace, providing ample space for entertaining with unobstructed Downtown views. . Elevator capable, built-in surround sound, pre-wired for alarm system, and so much more.

Investor Tools

Property Icon
$993,000
Estimated Property Value
$446,019Estimated Mortgage Balance
$546,981Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,958 /month
Positive
Cash Flow Estimate:
$1,986 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,179/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,179
$871,800
2025
$225,000
$646,800
$871,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,179
$871,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Point Financial Corporation
Conventional
$500,000
No
First
Oct 30, 2020
Nov 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$446,019
$546,981
55%
45%
$2,998/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,998/mo
$-418/mo
3.1%

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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