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$559,000

1222 W 18th St, Houston, TX, 77008

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,359 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$236.96 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

BankruptcyAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1,586 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN1416460010002
Lot Number2
Land UseResidential Single Family
Legal DescriptionLT 2 BLK 1 (PR YR IMPS 2023*1416460010010) ALHAMD HOUSING
Census Tract511202
Assessed Land Value$87,175
Assessed Improvement Value$326,372
Assessment Year2025

About this property

Welcome home to this Extraordinary New Home Development! 18th St Morris Housing Project, is a 6 Unit Development offering 3 bed, 3.5 bath, 4 story homes. Featuring an open modern living experience & a 4th story rooftop terrace. Smart Home including Camera, Wifi Door Lock & Smart Thermostats. 2nd story with grand open floor-plan with a chef's dream kitchen, including state of the art appliances & a large eat-in island. Living/Dining - large windows with abundance of natural light, electric modern fire place & a walk-out balcony off the kitchen for relaxing & ease for grilling. Primary suite, 3rd floor, featuring large windows, high ceilings, a spa like en-suite bathroom with oversized shower, freestanding bathtub, oversized vanity, & walk in closet. 2 secondary bedrooms, on the 1st & 3rd floor with en-suite baths. Buyers will have the opportunity to select interior finishes in the building process if under contract before builder's selections have been ordered. Call For Home Tour Today!

Investor Tools

$2,090,528Estimated Mortgage Balance
$496,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,354 /month
Positive
Cash Flow Estimate:
$1,118 /month

Interested in this property?

Maryam Estates

Kiani Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$316/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,317
$413,547
2025
$87,175
$326,372
$413,547
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,317
$413,547

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ljc Financial Llc
Unknown
$2,268,000
No
First
Aug 4, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,090,528
N/A
0%
421%
$13,598/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$13,598/mo
$-11,368/mo
5.4%

City: Houston

1222 W 18th St | Property Details | No Agent List