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$375,000

1316 Studer St, Houston, TX, 77007

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,635 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$229.36 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Wine Refrigerator, Gas Oven, Oven, Microwave, Gas Range, Dishwasher, Washer/Dryer
FlooringCarpet, Laminate, Tile, Wood

Exterior

Exterior FeaturesSprinkler System
Lot Size1,965 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN1260030010018
Lot Number18
SubdivisionMemorial Park Village
Land UseResidential
Legal DescriptionLT 18 BLK 1 MEMORIAL PARK VILLAGE
Census Tract510602
Assessed Land Value$201,997
Assessed Improvement Value$189,309
Assessment Year2025

About this property

Welcome to this beautiful 2-bed, 2-bath townhome tucked inside gated Memorial Park Village in Houston’s sought-after Rice Military/Washington Corridor. Thoughtfully designed across 2 levels, this stylish residence blends sophisticated finishes with a split-level layout. The 1st floor offers direct access to the 2-car garage, along with a spacious game room, secondary bedroom, full bath, utility closet, & access to a private outdoor retreat featuring a wood deck & pergola. Upstairs, the main living areas are filled with natural light & enhanced by high ceilings, & wood flooring. The kitchen overlooks the family room & features granite counters, rich cabinetry, stainless steel appliances, gas cooking, & a dedicated wine fridge. Completing the home is a spacious primary suite providing a relaxing escape with an ensuite bath. The location is just as impressive, with Memorial Park & Buffalo Bayou Park nearby, plus an incredible variety of dining, shopping & entertainment just minutes away!

Investor Tools

$215,306Estimated Mortgage Balance
$176,000Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,348 /month
Positive
Cash Flow Estimate:
$783 /month

Interested in this property?

Jennifer Francois

Keller Williams Premier Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$633/month
$1,940/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,641
$391,306
2025
$201,997
$189,309
$391,306
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,641
$391,306

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bokf Na
Conventional
$295,100
No
First
Aug 4, 2014
Sep 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,306
$176,000
44%
55%
$1,770/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,710/mo
$-1,130/mo
7.9%

City: Houston