$559,000
1224 W 18th St, Houston, TX, 77008
On Market
Just Added
Property Lead Type:
BankruptcyAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesDisposal, Microwave, Dishwasher
Exterior
Lot Size1,694 sqft
Building Information
Year Built2021
Garage Spaces2
Land Information
APN1416460010003
Lot Number3
Land UseResidential Single Family
Legal DescriptionLT 3 BLK 1 (PR YR IMPS 2023*1416460010011) ALHAMD HOUSING
Census Tract511202
Assessed Land Value$93,170
Assessed Improvement Value$326,372
Assessment Year2025
About this property
Beautiful new construction featuring modern design, hardwood flooring throughout, and stunning Downtown Houston views! This contemporary home offers spacious living areas, stylish finishes, and an open-concept layout ideal for entertaining. Enjoy a private fourth-floor patio with breathtaking skyline views. Conveniently located in the desirable Heights area, just minutes from Downtown, dining, shopping, and entertainment. **All room dimensions are approximate and should be independently verified.**
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
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$324/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,408
$419,542
2025
$93,170
$326,372
$419,542
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,408
$419,542
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%
