$307,000
NAL Estimated Property Value1123 Baffin Lane, Houston, TX, 77090
Off Market
Property Lead Type:
High Equity
Highlights
Interior
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
$307,000
Estimated Property Value
$262,769Estimated Mortgage Balance
$44,231Estimated Equity
14% 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
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%
