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Owner Contacts

$415,000

NAL Estimated Property Value

939 Colorado Street 22, Houston, TX, 77007

Sold

7/23/26

2 Beds

3 Bath

2,013 Sq Ft

Condos / Townhouses

$206.11 / sqft

Built in 2000

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Oven

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size2,182 sqft

Building Information

Year Built2000

Garage Spaces2

Land Information

APN1208530010007

Lot Number7

SubdivisionWashington Colorado Townhomes

Land UseResidential

Legal DescriptionLT 7 BLK 1 WASHINGTON/COLORADO T/H SEC II

Census Tract510100

Assessed Land Value$151,320

Assessed Improvement Value$242,971

Assessment Year2025

About this property

Timeless 3-bed, 3-bath CORNER home in a gated community minutes from the Heights, Downtown, Memorial Park, Buffalo Bayou Park & Theater District!Expanded private flagstone patio w/back & side yards—rare for this price point—ideal for grilling, entertaining, or pets.Extensive stucco replacement (2025) w/structural repairs,new framing,and waterproofing membrane (warranty included).Roof approx. 7 years old & exterior repainted Feb 2026! Hardwood throughout (no carpet), soaring ceilings, abundant natural light & storage.2nd floor offers open-concept living, dining & kitchen w/granite, custom cabinetry & stainless appliances, plus balcony access.3rd floor primary suite offers 2 walk-in closets and spa bath w/jetted tub, separate shower, & dual vanities.1st floor bedroom with en-suite bath—ideal for guests or office.Community dog park & all appliances included.Outside floodplain & never flooded.Walk to 787 Coffee B&B Butchers,Tacodeli,Platypus Brewing,Catalina Coffee,Henderson & Kane & more!

Investor Tools

$415,000

Estimated Property Value

$260,532Estimated Mortgage Balance

$154,468Estimated Equity

37% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,490 /month

Positive

Cash Flow Estimate:

$830 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$634/month

$1,469/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,533

$394,291

2025

$151,320

$242,971

$394,291

Tax History

Year

Tax Paid

Assessed Value

2024

$5,533

$394,291

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Mayo Employees Fcu

Conventional

$272,900

First

Apr 7, 2023

May 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$260,532

$154,468

37%

63%

$1,550/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

$3,019/mo

$-1,059/mo

5.7%

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