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$240,000

NAL Estimated Property Value

10538 Emnora Ln, Houston, TX, 77043

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,150 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.65 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
AppliancesDisposal, Gas Range, Dishwasher

Exterior

Lot Size7,802 sqft

Building Information

Year Built1961
Stories1
Garage Spaces3

Land Information

APN0822140000036
Lot Number36
SubdivisionSpring Branch Valley
Land UseResidential
Legal DescriptionLT 36 BLK L SPRING BRANCH VALLEY
Census Tract521900
Assessed Land Value$156,000
Assessed Improvement Value$61,288
Assessment Year2025

About this property

In the heart of Spring Branch, this 7800 square foot lot contains a 3-bedroom, 2-bath home, garage, and two carports. The house and garage need a lot of TLC. Your choice, tear down or renovate. The property is being sold "as is, where is" with no repairs. Located a short distance from Spring Woods Middle School, Spring Woods High School, and Houston Christian High School; just minutes from City Centre and Memorial City Mall; and easy access to the Beltway and I-10.

Investor Tools

Property Icon
$240,000
Estimated Property Value
$111,280Estimated Mortgage Balance
$128,720Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$300/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,396
$217,288
2025
$156,000
$61,288
$217,288
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,396
$217,288

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$125,000
No
First
Sep 9, 2020
Oct 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$111,280
$167,720
60%
46%
$750/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,770/mo
$750/mo
+$1,020/mo
8.8%

City: Houston

10538 Emnora Ln | Property Details | No Agent List