Last 24 Hours
$1,395,000
1625 Southmore Blvd Apt 10, Houston, TX, 77004
On Market
Just Added
2 Beds
1 Bath
8,100 Sq Ft
$172.22 / sqft
Built in 1965Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 2
Bathrooms Full 1
Heating Forced Air Unit
CoolingExterior
Exterior FeaturesBalcony
Lot Size10,001 sqft
Building Information
Year Built1965
Stories1
Land Information
APN0332480070001
Lot Number1,2
SubdivisionSouthmore 107
Land UseCommercial
Legal DescriptionLTS 1 & 2 & TR 10A BLK 4 SOUTHMORE 107
Census Tract312602
Assessed Land Value$800,000
Assessed Improvement Value$259,009
Assessment Year2025
About this property
Located in the heart of Houston's "Corridor of Culture" and Medical Center, 1625 Southmore Blvd. places you at the doorstep of the Museum District, Hermann Park, Texas Medical Center, and the Mid-town/Central Business District. With quick access to Hwy. 288, I-59/69, and the Light Rail, the property offers unmatched connectivity and proximity to Houston's top employers, retail, restaurants, and cultural attractions.
Investor Tools
$0Estimated Mortgage Balance
$1,059,009Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,370 /month
Positive
Cash Flow Estimate:
$2,790 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,344/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,835
$1,059,009
2025
$800,000
$259,009
$1,059,009
No
Tax History
Year
Tax Paid
Assessed Value
2024
$22,835
$1,059,009
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,059,009
100%
0%
$0/mo
12.4%