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$925,000

305 Peden St, Houston, TX, 77006

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths4 Bath
Baths3,329 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$277.86 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Refrigerator Included, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size2,827 sqft

Building Information

Year Built2014
Garage Spaces2

Land Information

APN1344080010002
Lot Number2
Land UseResidential
Legal DescriptionLT 2 BLK 1 PEDEN CITY SCENE
Census Tract410502
Assessed Land Value$254,610
Assessed Improvement Value$663,971
Assessment Year2025

About this property

Beautifully appointed free standing home in the heart of Montrose with numerous upgrades including hardwood floors throughout. First floor living and dining with gourmet kitchen, soaring ceilings and expansive windows to allow an abundance of natural light. Spacious primary suite is on the second floor along with a secondary bedroom and private bath. The third floor features an ensuite secondary bedroom, a designated study and a sprawling flex space with wet bar perfect for a game room, media room or home gym. Enjoy the evening breeze off the generous third floor terrace overlooking the neighborhood or dine al fresco on the private patio with lush landscaping on the first floor off the living room. This home is ideal for entertaining while also offering a low maintenance lock and leave lifestyle. Minutes from downtown, the Medical Center and numerous restaurant and retail options.

Investor Tools

$306,306Estimated Mortgage Balance
$612,275Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,550 /month
Positive
Cash Flow Estimate:
$1,850 /month

Interested in this property?

Ann Singleton

Martha Turner Sotheby's International Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,124/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,898
$918,581
2025
$254,610
$663,971
$918,581
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,898
$918,581

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$338,000
No
First
Oct 29, 2021
Nov 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$306,306
$612,275
66%
33%
$2,027/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,027/mo
+$553/mo
3.4%

City: Houston

305 Peden St | Property Details | No Agent List