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$280,918

NAL Estimated Property Value

1117 Velma St, Deer Park, TX, 77536

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,742 Sq Ft
price_per_sqft$125.14 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size10,224 sqft

Building Information

Year Built1975
Stories1
Garage Spaces5

Land Information

APN1058320000011
Lot Number11
SubdivisionDelo Elaine
Land UseResidential
Legal DescriptionLT 11 & TR 12A BLK 1 DELO ELAINE SEC 2
Census Tract342900
Assessed Land Value$71,391
Assessed Improvement Value$209,527
Assessment Year2025

About this property

Beautifully updated one-story home in Deer Park! You will feel right at home in the open concept living room open to the large kitchen and dining area with tons of counter space containing a center island, breakfast bar, custom cabinet drawer pullouts, walk in pantry, and apron sink! This split floor plan has a generously sized primary bedroom with a gorgeous primary en-suite bath with walk in shower, dual vanity, and separate tub. All three bedrooms have walk-in closets. The large back yard contains two outbuildings and a covered patio. The two car garage has a two car covered carport, as well as, a drive-through gate for additional covered parking or boat storage. This well-maintained home is move-in ready, so come see today!

Investor Tools

Property Icon
$280,918
Estimated Property Value
$191,157Estimated Mortgage Balance
$89,761Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,686 /month
Positive
Cash Flow Estimate:
$562 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$459/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,105
$280,918
2025
$71,391
$209,527
$280,918
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,105
$280,918

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$206,250
No
First
Jun 9, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$191,157
$89,761
31%
68%
$1,237/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$1,237/mo
+$683/mo
8.2%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Deer Park

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