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$768,112

NAL Estimated Property Value

1124 Wynnwood Ln, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,608 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$270.52 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size10,441 sqft

Building Information

Year Built1950
Stories1
Garage Spaces1

Land Information

APN0771810030002
Lot Number2
SubdivisionTimbergrove Manor
Land UseResidential
Legal DescriptionLT 2 BLK 3 TIMBERGROVE MANOR
Census Tract511201
Assessed Land Value$514,620
Assessed Improvement Value$253,492
Assessment Year2025

About this property

An excellent opportunity to rebuild in a fabulous location! Located inside the loop in the Timbergrove area, is a property with lots of potential! The framework of the current home is just over 1600 square feet on a 10,440 square foot lot near a ravine. Imagine the possibilities for a complete redesign, creating the perfect home in an established, desirable location. This is a builder's dream as the area has many stunning rebuilt homes surrounding it. Located off 11th Street, near The Heights, there are many restaurants, shops, and bars in the vicinity and easy access to various hotspots around town.

Investor Tools

Property Icon
$768,112
Estimated Property Value
$432,423Estimated Mortgage Balance
$335,689Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,609 /month
Positive
Cash Flow Estimate:
$1,536 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,627/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,681
$768,112
2025
$514,620
$253,492
$768,112
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2024
$15,681
$768,112

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
George M Lee
Purchase Money Mortgage
$470,000
No
First
Feb 11, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$432,423
$335,689
43%
56%
$2,818/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$2,818/mo
$-588/mo
3.5%

City: Houston

1124 Wynnwood Ln | Property Details | No Agent List