$844,230
NAL Estimated Property Value1112 Tabor St, Houston, TX, 77009
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Electric Oven, Gas Oven, Oven, Electric Range, Free-Standing Range, Dishwasher
FlooringTile, Vinyl, Wood
Exterior
Lot Size10,001 sqft
Building Information
Year Built1920
Stories1
Garage Spaces1
Land Information
APN0331360010001
Lot Number1,2
SubdivisionBrooke Smith
Land UseResidential
Legal DescriptionLTS 1 & 2 BLK 101 BROOKE SMITH
Census Tract511600
Assessed Land Value$600,000
Assessed Improvement Value$244,230
Assessment Year2025
About this property
Amazing opportunity to own a 10,000 sq ft corner lot (per SURVEY) in Brooke Smith! This double lot property at the corner of Tabor and Mathis includes a house with updated kitchen, garage, carports, outdoor living areas, mature trees, and more. Remodel the house or build your dream home! Located just minutes from downtown and walking distance to Montie Beach park and community center. Quick access to I-45, I-10, 610, and hike / bike trails. Elementary school (buyer to verify eligibility), restaurants, and the new Farmer’s Market all nearby! All per Seller.
Investor Tools
$844,230
Estimated Property Value
$167,328Estimated Mortgage Balance
$676,902Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,065 /month
Positive
Cash Flow Estimate:
$1,688 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,036/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,208
$844,230
2025
$600,000
$244,230
$844,230
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,208
$844,230
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Finance Of America Mortgage Llc
Conventional
$185,000
No
First
May 14, 2021
Jun 2036
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$167,328
$676,902
80%
20%
$1,110/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,110/mo
+$612/mo
2.4%
