Last 24 Hours
$400,000
1107 Southern Hills Rd, Houston, TX, 77339
$520,000 ARV
Pending
4 Beds
4 Bath
4,286 Sq Ft
$87.49 / sqft
Built in 1978Property Lead Type:
ARV FlipAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 4
Bathrooms Full 3Bathrooms Half 1
Indoor Fireplace
Garage Available
Heating Central
CoolingExterior
Private PoolLot Size36,799 sqft
Building Information
Year Built1978
Stories2
Garage Spaces3
Land Information
APN0990580000002
Lot Number2
SubdivisionForest Cove Country Club
Land UseResidential
Legal DescriptionLT 2 BLK 49 FOREST COVE COUNTRY CLUB ESTATES SEC 4
Census Tract251100
Assessed Land Value$120,980
Assessed Improvement Value$279,020
Assessment Year2025
About this property
Located in Kingwood, this property is being sold AS-IS, with no warranties or guarantees, and is ideal for investors or buyers seeking a renovation project. Great opportunity to rebuild, remodel, or add to your investment portfolio. Convenient location with access to shopping, dining, and major roadways.
Investor Tools
$0Estimated Mortgage Balance
$400,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$487,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$661/month
$205/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,930
$400,000
2025
$120,980
$279,020
$400,000
Yes (2020)
Tax History
Year
Tax Paid
Assessed Value
2024
$5,930
$400,000
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$400,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,670/mo
$205/mo
+$2,465/mo
8.0%
12.4%