$179,000
NAL Estimated Property Value11501 Kearny Dr, Houston, TX, 77076
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesGas Oven, Gas Range
FlooringTile
Exterior
Lot Size7,000 sqft
Building Information
Year Built1950
Stories1
Garage Spaces3
Land Information
APN0831930000001
Lot Number1
SubdivisionEdel Plaza
Land UseResidential
Legal DescriptionLT 1 BLK 1 EDEL PLAZA
Census Tract221200
Assessed Land Value$52,500
Assessed Improvement Value$92,957
Assessment Year2025
About this property
Welcome to 11501 Kearny. This Home is located in the Northside/Northline subdivision of Edel Plaza near a new development in the area. Home has never flooded and offers 3 bedrooms, 2 baths, double drive way entrance, 2 car ports and covered back patio w/ metal patio roof. Exterior is Brick, Interior offers tile flooring throughout. Roof is 2 years old. This is a great opportunity for either a full renovation or new construction.
Investor Tools
$179,000
Estimated Property Value
$103,064Estimated Mortgage Balance
$75,936Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,074 /month
Positive
Cash Flow Estimate:
$358 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$328/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,043
$145,457
2025
$52,500
$92,957
$145,457
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,043
$145,457
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City First Mortgage Services Llc
Conventional
$111,000
No
First
Jul 15, 2022
Aug 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,064
$73,936
41%
58%
$666/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$666/mo
+$641/mo
8.8%
