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$2,789,224

NAL Estimated Property Value

1118 Guinea Dr, Houston, TX, 77055

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,178 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$385.67 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size15,699 sqft

Building Information

Year Built2024
Stories1
Garage Spaces3

Land Information

APN0901050000013
Lot Number13
SubdivisionBurkhardt Plaza
Land UseResidential
Legal DescriptionLT 13 BLK 4 BURKHARDT PLAZA
Census Tract522500
Assessed Land Value$831,000
Assessed Improvement Value$1,958,224
Assessment Year2025

About this property

Welcome to Memorial Village community! This home will definitely take you down memory lane. Either renovate this mid-century modern jewel or rebuild the home of your dreams in Hilshire Village/Burkhardt Plaza. This .36 acre lot is filled with beautiful trees and lush plants. Zoned to exemplary Spring Branch ISD - Valley Oaks Elementary, Spring Branch Middle and Memorial High. Easy access to I-10, Memorial City, Galleria, Downtown, City Centre and a abundance of Restaurants!! This home has never flooded & will be sold AS-IS in its current condition. No Survey, buyer to purchase. ***MULTIPLE OFFERS*** All offers due Friday, July 21st at 3pm.

Investor Tools

Property Icon
$2,789,224
Estimated Property Value
$974,842Estimated Mortgage Balance
$1,814,382Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$16,735 /month
Positive
Cash Flow Estimate:
$5,578 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,606/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,322
$2,789,224
2025
$831,000
$1,958,224
$2,789,224
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$5,322
$2,789,224

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$1,000,000
No
First
Dec 8, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$974,842
$1,814,382
65%
35%
$5,996/mo

City: Houston

1118 Guinea Dr | Property Details | No Agent List