Last 24 Hours
$259,900
1011 Marleen Street, Houston, TX, 77034
On Market
Just Added
3 Beds
1 Bath
1,350 Sq Ft
Single Family Residence
$192.52 / sqft
Built in 1955Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 1
Garage Available
Heating CentralAppliancesRefrigerator Included, Electric Oven, Electric Range, Dishwasher
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
$178,634Estimated Mortgage Balance
$20,366Estimated Equity
10% 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
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ContactFinancing 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%
12.4%