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$995,000

1223 Welch St, Houston, TX, 77006

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,566 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$387.76 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Convection Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony, Outdoor Kitchen, Sprinkler System
Lot Size5,001 sqft

Building Information

Year Built2011
Stories1
Garage Spaces2

Land Information

APN0370850000054
Lot Number54
SubdivisionWestover
Land UseResidential
Legal DescriptionLT 54 WESTOVER
Census Tract410501
Assessed Land Value$550,000
Assessed Improvement Value$242,398
Assessment Year2025

About this property

Rare opportunity in Montrose on large 5,000 sq ft lot with back yard retreat. Built in 2011, this 3 bedroom standout blends sophisticated design with ultimate outdoor living. Charming front porch leads inside to beautifully maintained single-family home with hardwood floors throughout, 10’ ceilings, home office, plantation shutters, and cozy fireplace to anchor the light-filled main level. Chef’s kitchen boasts granite island, gas range, walk-in pantry, and glass-front display cabinets. French doors alongside tall, floor-to-ceiling style windows, maximize natural light and views of the back yard retreat. Upstairs you’ll find the primary suite with private balcony and custom closet, plus 2 secondary bedrooms with large walk-in closets. Step outside to a spacious private oasis with low maintenance turf, sprawling pergola, and full outdoor kitchen with grill, fridge, and sink. Gated driveway to an oversized 2-car garage. Superb location close to River Oaks and Downtown!

Investor Tools

$570,741Estimated Mortgage Balance
$263,259Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,970 /month
Positive
Cash Flow Estimate:
$1,990 /month

Interested in this property?

Richard Stone

Martha Turner Sotheby's International Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,533/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,223
$792,398
2025
$550,000
$242,398
$792,398
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,223
$792,398

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$625,000
No
First
Feb 18, 2022
Mar 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$570,741
$263,259
31%
68%
$3,748/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,748/mo
$-1,168/mo
3.7%

City: Houston

1223 Welch St | Property Details | No Agent List