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$544,000

NAL Estimated Property Value

98 Drew Street A, Houston, TX, 77006

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,376 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$231.46 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Gas Range, Dishwasher, Washer/Dryer, Cooktop
FlooringSlate, Tile, Wood

Exterior

Lot Size1,769 sqft

Building Information

Year Built2004
Garage Spaces2

Land Information

APN1248870010002
Lot Number2
SubdivisionMetropolitan Lofts
Land UseResidential
Legal DescriptionLT 2 BLK 1 METROPOLITAN LOFTS
Census Tract410502
Assessed Land Value$159,210
Assessed Improvement Value$282,416
Assessment Year2025

About this property

Nestled within a small gated enclave in the heart of Midtown, this updated, modern townhome offers striking architecture & protected downtown views. A 1st-floor bedroom opens to the side yard, creating a private retreat for guests. The 2nd-floor living spaces are defined by 10' ceilings, exposed stained trusses, hardwood floors, flex track lighting, a custom metal & wood staircase, & a gaslog fireplace. The adjoining dining room & beautifully appointed kitchen create an ideal setting for everyday living & entertaining, complete with a quartzite island & granite countertops. The 3rd-floor hosts the elegant primary suite with a luxurious travertine bath & 2-story-height closet, utility closet, & third bedroom/study. Spiral stairs lead to the rooftop deck with irrigated planters, wired speaker, & exceptional skyline views. Recent improvements include refinished hardwood floors, updated counters, full interior repainting, replacement of the flat roof & rooftop decking, & dishwasher (2025)

Investor Tools

Property Icon
$544,000
Estimated Property Value
$142,402Estimated Mortgage Balance
$401,598Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$917/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,290
$441,626
2025
$159,210
$282,416
$441,626
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,290
$441,626

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Houston Capital Mortgage
Unknown
$296,000
No
First
Aug 11, 2006
Sep 2021

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$142,402
$401,598
73%
26%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$500/mo
+$2,080/mo
5.7%

City: Houston

98 Drew Street A | Property Details | No Agent List