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$340,000

502 W Donovan St Unit A, Houston, TX, 77091

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,662 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$204.57 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Lot Size1,843 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN1410280010011
Lot Number11
Land UseResidential
Legal DescriptionLT 11 BLK 1 NORTHSIDE PARK
Census Tract530600
Assessed Land Value$105,586
Assessed Improvement Value$213,672
Assessment Year2025

About this property

Builders save their best for the model home. In Independence Heights, this was it: a freestanding, lock-and-leave 2-bedroom, 2.5-bath in a gated community with a dog park and green space, minutes to the Heights and Downtown. Upstairs, living, kitchen, and dining share one open space with high ceilings and wood floors. A wall of windows floods the 17x13 living room with light. The kitchen centers on a large quartz island with a stainless sink. Half bath for guests. Balcony for coffee. Just off the living room, the primary suite has a chic ensuite: two sinks, oversized shower, private water closet, and walk-in closet. Downstairs lives like its own suite for a roommate, visitors, or a home office, with a bedroom, full bath, four closets, space for stackable laundry, kitchenette plumbing, and a den the builder left open, easy to wall in as a third bedroom. Fridge, washer, and dryer stay, so it's move-in ready. 2-car garage with EV plug. Tankless water heater.

Investor Tools

$243,061Estimated Mortgage Balance
$83,939Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

Interested in this property?

Blythe Palamara

Walzel Properties - Corporate Office

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$521/month
$1,260/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,617
$319,258
2025
$105,586
$213,672
$319,258
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,617
$319,258

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
C & T Mortgage Inc
Unknown
$267,695
No
First
Dec 30, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$243,061
$83,939
25%
74%
$1,605/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$2,865/mo
$-1,558/mo
4.8%

City: Houston

502 W Donovan St Unit A | Property Details | No Agent List