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$560,000

1218 Studer St, Houston, TX, 77007

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,580 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$217.05 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Wine Refrigerator, Convection Oven, Electric Oven, Oven, Microwave, Electric Range, Dishwasher
FlooringTravertine, Wood

Exterior

Lot Size1,498 sqft

Building Information

Year Built2009
Garage Spaces2

Land Information

APN1311630010002
Lot Number2
Land UseResidential
Legal DescriptionLT 2 BLK 1 BUILDERS PROPERTY NO 1
Census Tract510602
Assessed Land Value$178,500
Assessed Improvement Value$312,094
Assessment Year2025

About this property

Experience modern living at its finest in this stunning 4-story contemporary home located just moments from Memorial Park! Thoughtfully designed with style, comfort, and functionality in mind, this exceptional 3-bed, 3.5-bath residence offers the perfect blend of sophisticated finishes and everyday convenience. Step inside to discover an open, modern aesthetic with beautiful flooring throughout, and no carpet. The stylish kitchen is open to the living and dining areas, creating an inviting space for cooking, entertaining, and gathering. With 3 spacious bedrooms and 3.5 baths, there is room to relax and recharge. Enjoy the added convenience of two separate laundry rooms and abundant storage throughout. Take in the outdoors from your private balcony or head up to the rooftop deck for the ultimate spot to unwind and enjoy downtown views. Combining modern architecture and an unbeatable location, this home offers an elevated lifestyle with easy access everything the area has to offer.

Investor Tools

$249,381Estimated Mortgage Balance
$261,619Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,360 /month
Positive
Cash Flow Estimate:
$1,120 /month

Interested in this property?

Jason Knebel

Greenwood King Properties - Voss Office

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$870/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,889
$490,594
2025
$178,500
$312,094
$490,594
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,889
$490,594

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zb Na
Arm (Adjustable Rate Mortgage)
$300,000
No
First
Feb 11, 2019
Mar 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,381
$261,619
51%
49%
$1,326/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,030/mo
$1,326/mo
+$1,704/mo
7.1%

City: Houston