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$249,900

1115 Iowa St, South Houston, TX, 77587

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,376 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.61 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Free-Standing Range, Gas Cooktop, Dishwasher, Oven
FlooringTile

Exterior

Lot Size7,100 sqft

Building Information

Year Built1968
Stories1

Land Information

APN0340240460009
Lot Number9
SubdivisionSouth Houston
Land UseResidential
Legal DescriptionLT 9 BLK 46 SOUTH HOUSTON
Census Tract320800
Assessed Land Value$81,420
Assessed Improvement Value$115,779
Assessment Year2025

About this property

Welcome home! This charming traditional home is ready for its new owners. Featuring 3 spacious bedrooms, 1 full bathroom, and 1 half bathroom, this home offers a comfortable and functional layout with an abundance of natural light throughout. The inviting living areas provide plenty of space for family living and entertaining. Step outside to a large backyard, perfect for hosting family gatherings, BBQs, and get-togethers with friends. Enjoy the beautiful covered porch, an ideal spot to relax, unwind, or entertain year-round.Whether you're a first-time homebuyer or looking for a place to create lasting memories, this well-maintained home offers warmth, character, and endless possibilities. Bonus: The following items will convey with the property: outdoor mini fridge, outdoor microwave, outdoor mini gas stove, TV located on the covered patio, three patio chairs and the children's play set (including the pool!). Don't miss the opportunity to make it yours!

Investor Tools

$199,210Estimated Mortgage Balance
$24,858Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month

Interested in this property?

Lori King

Realty Associates

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$201/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,292
$197,199
2025
$81,420
$115,779
$197,199
No

Tax History

Year
Tax Paid
Assessed Value
2020
$1,292
$197,199

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$213,400
No
First
Oct 27, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,210
$12,790
6%
89%
$1,280/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,280/mo
+$442/mo
9.3%

City: South Houston

1115 Iowa St | Property Details | No Agent List