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$307,000

1123 Baffin Lane, Houston, TX, 77090

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,032 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$65.96 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size9,958 sqft

Building Information

Year Built1972
Stories2
Garage Spaces3

Land Information

APN1047040000163
Lot Number163
SubdivisionWestador
Land UseResidential
Legal DescriptionLT 163 BLK 11 WESTADOR SEC 4
Census Tract553201
Assessed Land Value$50,923
Assessed Improvement Value$244,077
Assessment Year2025

About this property

INVESTORS! This one is for you, a 2 Story, 4 bedroom house on a Cul de Sac with formal dining, with family room and game room right off the open floor kitchen. The completed Man Cave built behind the 2 car garage is a must see. Now this house does need work on the first floor due to being flooded during Harvey but at this point most of the work is finishing and cosmetic. Plumbing is now all Pex, all new electrical, all new HVAC system, over 100 studs replaced along with insulation and radiant barrier added. The numbers work all day!

Investor Tools

Property Icon
$307,000
Estimated Property Value
$0Estimated Mortgage Balance
$44,231Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,842 /month
Positive
Cash Flow Estimate:
$614 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$347/month
$495/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,635
$295,000
2025
$50,923
$244,077
$295,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,635
$295,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Western Mortgage Corp
Conventional
$280,000
No
First
Jan 12, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,769
$44,231
14%
86%
$1,679/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,320/mo
$2,174/mo
+$146/mo
9.1%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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1123 Baffin Lane | Property Details | No Agent List