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Owner Contacts

$225,000

10406 Tolman St, Houston, TX, 77034

Off Market

3 Beds

2 Bath

1,123 Sq Ft

Single Family Residence

$213.6 / sqft

Built in 1955

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

Exterior

Lot Size6,839 sqft

Building Information

Year Built1955

Stories1

Garage Spaces2

Land Information

APN0813900000002

Lot Number2

SubdivisionGulfway Terrace

Land UseResidential

Legal DescriptionLT 2 BLK 15 GULFWAY TERRACE

Census Tract321002

Assessed Land Value$64,980

Assessed Improvement Value$136,454

Assessment Year2025

About this property

Discover tranquility and productivity in this 3-bedroom, 2-bathroom haven, complete with a home office studio and two cars driveway. Recently remodeled, this single-story gem offers modern elegance. Enjoy a serene neighborhood near Houston's 45 freeway for easy commuting. Experience contemporary living at its finest. Embrace comfort, style, and convenience in one remarkable package. Your dream home awaits! Descubre la tranquilidad y la productividad en este refugio de 3 habitaciones y 2 baños, completo con un estudio para oficina en casa. Recientemente remodelada, esta joya de una sola planta ofrece elegancia moderna. Disfruta de un vecindario sereno cerca de la autopista 45 en Houston para un fácil desplazamiento. La casa de tu sueños te espera.

Investor Tools

$225,000

Estimated Property Value

$235,653Estimated Mortgage Balance

$792Estimated Equity

-5% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,439 /month

Positive

Cash Flow Estimate:

$480 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$134/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$484

$201,434

2025

$64,980

$136,454

$201,434

Tax History

Year

Tax Paid

Assessed Value

2024

$484

$201,434

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Network Funding Lp

Fha

$235,653

Yes

First

Sep 8, 2023

Oct 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$224,208

N/A

100%

$1,413/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,413/mo

+$309/mo

9.2%

Learn About the Market: Opportunity in Houston

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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.

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