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$413,000

NAL Estimated Property Value

955 Patterson St, Houston, TX, 77007

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths1,983 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$186.33 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesCourtyard
Lot Size1,777 sqft

Building Information

Year Built2002
Garage Spaces1

Land Information

APN1234620010002
Lot Number2
SubdivisionWashington Landing Amend
Land UseResidential
Legal DescriptionLT 2 BLK 1 WASHINGTON LANDING AMEND
Census Tract510702
Assessed Land Value$217,649
Assessed Improvement Value$182,351
Assessment Year2025

About this property

NEVER FLOODED! GREAT LOCATION! ONE OWNER! Fabulous Townhouse located in a private, gated community in the heart of Washington Corridor. This one of a kind home is graced with energy-reducing Natural Lighting on all 3 levels. Enjoy the Large Patio with Deck for Grilling & Entertaining surrounded by 5 shade providing Trees. Walk to restaurants, bars and other retail in minutes. Only a 10 minute drive to Downtown and the Galleria Area and just 5 minutes to River Oaks Shopping. Beautiful Open Space layout, Granite counter tops, Hidden Storage Room and More! New AC units installed in October 2019. Exterior to be painted in May 2021. Refrigerator, Microwave, Washer & Dryer are included. All, per seller. Call Today to Schedule Your Appointment!

Investor Tools

Property Icon
$413,000
Estimated Property Value
$301,449Estimated Mortgage Balance
$111,551Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,478 /month
Positive
Cash Flow Estimate:
$826 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$598/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,112
$400,000
2025
$217,649
$182,351
$400,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,112
$400,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$332,000
No
First
Jul 13, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$301,449
$115,551
27%
73%
$1,991/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$2,991/mo
$-1,351/mo
4.8%

City: Houston

955 Patterson St | Property Details | No Agent List