Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$258,000

NAL Estimated Property Value

1206 Balmorhea Ave, Houston, TX, 77039

$335,400 ARVInfo
Off MarketInfo
Beds5 Beds
Baths2 Bath
Baths2,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$105.4 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

ARV FlipAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Gas Range
FlooringTile

Exterior

Lot Size7,039 sqft

Building Information

Year Built1973
Stories1
Garage Spaces4

Land Information

APN1062140000017
Lot Number17
SubdivisionAldine Forest R/P
Land UseResidential
Legal DescriptionLT 17 BLK 1 ALDINE FOREST R/P
Census Tract222800
Assessed Land Value$25,088
Assessed Improvement Value$153,483
Assessment Year2025

About this property

Beautifully remodeled home combines modern elegance with functional design, offering an ideal living space. Updates include new faux wood tile throughout the home, upgraded plumbing, HVAC system, recessed lighting and contemporary fixtures. Completely redone bathrooms offer floor to ceiling tile with rain fall shower heads, providing a spa like experience. The living area features a spacious, open concept design. The kitchen opens into the dining room and living room, making the space perfect for entertaining and family gatherings. The updates don't stop at just the interior of the home, outside you'll be greeted by a large attached carport with recessed lighting and the front yard is surrounded by a wrought iron fence for added privacy and security. Stay cool in the shade of the massive backyard patio, sit out and relax or invite family and friends for a good time. No pesky HOA, and close to major roads and freeways. A must see home.

Investor Tools

Property Icon
$258,000
Estimated Property Value
$507,554Estimated Mortgage Balance
$258,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$335,400
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,581 /month
Positive
Cash Flow Estimate:
$527 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$191/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,004
$178,571
2025
$25,088
$153,483
$178,571
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,004
$178,571

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Unknown
$258,716
No
First
Apr 21, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$507,554
N/A
0%
197%
$3,104/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,104/mo
$-1,382/mo
8.0%

City: Houston

1206 Balmorhea Ave | Property Details | No Agent List