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$259,900

1011 Marleen Street, Houston, TX, 77034

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,350 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.52 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesElectric Oven, Electric Range, Dishwasher, Refrigerator

Exterior

Lot Size6,181 sqft

Building Information

Year Built1955
Stories1

Land Information

APN0810700000008
Lot Number8
SubdivisionFreeway Manor
Land UseResidential
Legal DescriptionLT 8 BLK 23 FREEWAY MANOR SEC 3
Census Tract320902
Assessed Land Value$64,581
Assessed Improvement Value$129,490
Assessment Year2025

About this property

This "2 PROPERTIES IN ONE" offers a total of 12,372 Sq.Ft. lot size, This beautiful single family home offers an open concept with 3 bed, 1 bath in a 6,180 Sq.Ft. lot size, but also having an extra empty lot at the back of the house with 6,192 Sq.Ft size. Since the extra lot has its own entrance on the street behind, can be used separately or all together. This is a great opportunity to get a property like no others in a great location close to I45, Hobby Airport and NO HOA and NEW ROOF!

Investor Tools

Property Icon
$199,000
Estimated Property Value
$0Estimated Mortgage Balance
$20,366Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,559 /month
Positive
Cash Flow Estimate:
$520 /month

Interested in this property?

Carlos Castillo

Vive Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$280/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,361
$194,071
2025
$64,581
$129,490
$194,071
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,361
$194,071

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$186,200
No
First
Mar 26, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,634
$20,366
10%
90%
$1,117/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,117/mo
+$605/mo
10.4%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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1011 Marleen Street | Property Details | No Agent List