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$245,000

NAL Estimated Property Value

1101 Frankie St, Houston, TX, 77015

Off MarketInfo
CommercialInfo
Beds4 Beds
Baths4 Bath
Baths2,672 Sq Ft
price_per_sqft$84.21 / sqft
Year BuiltBuilt in 1958

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,249 sqft

Building Information

Year Built1958
Garage Spaces1

Land Information

APN0650710600002
Lot Number2
SubdivisionClover Leaf
Land UseResidential
Legal DescriptionLT 2 BLK 156 CLOVER LEAF SEC 3
Census Tract233103
Assessed Land Value$52,500
Assessed Improvement Value$88,502
Assessment Year2025

About this property

elish the opportunity to make this special income-producing duplex located in the diverse North Shore area of Houston yours! This duplex offers easy accessibility to nearby shopping centers, restaurants, and major highways. Enjoy the Texas weather in the large lush green backyard complete with a patio. Show options…Relish the opportunity to make this special income-producing duplex located in the diverse North Shore area of Houston yours! This duplex offers easy accessibility to nearby shopping centers, restaurants, and major highways. Enjoy the Texas weather in the large lush green backyard complete with a patio.

Investor Tools

Property Icon
$245,000
Estimated Property Value
$238,546Estimated Mortgage Balance
$6,454Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$178/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$905
$141,002
2025
$52,500
$88,502
$141,002
No

Tax History

Year
Tax Paid
Assessed Value
2024
$905
$141,002

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ocmbc Inc
Fha
$245,471
Yes
First
Oct 18, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$238,546
$454
0%
97%
$1,472/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,472/mo
+$754/mo
10.9%

City: Houston