$309,840
NAL Estimated Property Value1203 Reid St, Houston, TX, 77022
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
Exterior
Lot Size10,624 sqft
Building Information
Year Built1930
Stories1
Garage Spaces1
Land Information
APN0630810050006
Lot Number6
SubdivisionLindale Court
Land UseResidential
Legal DescriptionLT 6 & TR 9A BLK 5 LINDALE COURT
Census Tract220200
Assessed Land Value$154,250
Assessed Improvement Value$155,590
Assessment Year2025
About this property
Updated 3-bedroom brick home is desirable Lindale neighborhood off of North Loop and Irvington. Beautiful hardwood and ceramic tile flooring, built-in stainless steel appliances, washer/dryer included, granite countertops, central heating & a/c, covered parking, huge lot with fenced back yard and much more.
Investor Tools
$309,840
Estimated Property Value
$239,229Estimated Mortgage Balance
$70,611Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,859 /month
Positive
Cash Flow Estimate:
$620 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$477/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,169
$309,840
2025
$154,250
$155,590
$309,840
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,169
$309,840
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Fha
$265,010
Yes
First
Apr 12, 2021
May 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,229
$70,611
22%
77%
$1,589/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,589/mo
+$133/mo
6.7%
