$490,000
1008 Marconi Street #B, Houston, TX, 77019
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesDisposal, Electric Oven, Freestanding Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Laminate
Exterior
Lot Size1,398 sqft
Building Information
Year Built2002
Garage Spaces2
Land Information
APN1218490010014
Lot Number14
SubdivisionMarconi Avenue T/H
Land UseResidential
Legal DescriptionLT 14 BLK 1 MARCONI AVENUE T/H
Census Tract410202
Assessed Land Value$133,000
Assessed Improvement Value$228,821
Assessment Year2025
About this property
Conveniently located Easy access to 1-10, Southwest Freeway, Hwy 45. Accommodating Townhome five minutes from Medical Center, UHD, Rice University, St. Thomas, Theatre District. Three Bedrooms, each has private bath, Half-Bath on second floor living area. Many eateries in walking distance, whole foods, River Oaks Shopping walking distance.
Investor Tools
$0Estimated Mortgage Balance
$476,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,940 /month
Positive
Cash Flow Estimate:
$980 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$793/month
$2,600/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,133
$361,821
2025
$133,000
$228,821
$361,821
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,133
$361,821
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$476,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,600/mo
$-20/mo
6.5%
