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$450,000

1-5 Warwana Road, Houston, TX, 77043

On MarketInfo

About this property

New construction project currently in the framing stage with slab foundations and vertical framing substantially completed. Excellent opportunity for investors, builders, or developers seeking value-add potential in a rapidly developing area. Seller has limited information regarding the current construction status, and buyers are strongly encouraged to conduct their own independent due diligence and verify all completed work, permits, engineering, construction quality, and development feasibility. Properties may be purchased as a group of five or as a full package of ten lots. The first five lots currently have slabs poured, underground work completed, and Red Iron installed. All existing improvements and construction progress should be independently verified by the buyer prior to purchase.

Investor Tools

$0Estimated Mortgage Balance
$450,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

Interested in this property?

Carla Wade

Vive Realty LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Houston

1-5 Warwana Road | Property Details | No Agent List