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Owner Contacts

$397,000

NAL Estimated Property Value

1210 Gustav St, Houston, TX, 77023

Off Market

4 Beds

3 Bath

1,866 Sq Ft

$235.26 / sqft

Built in 1935

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

Exterior

Lot Size7,000 sqft

Building Information

Year Built1935

Stories1

Land Information

APN0543030000003

Lot Number3

SubdivisionEastlawn

Land UseResidential

Legal DescriptionLT 3 BLK 4 EASTLAWN

Census Tract310600

Assessed Land Value$180,000

Assessed Improvement Value$197,162

Assessment Year2025

About this property

This house was completely gutted to the studs and remodeled approximately 9 years ago. This included; complete new electrical, new plumbing, new windows, new doors, new siding, copper gutters, whirlpool tub, central HVAC, new decking, new driveway and gate. Large deck off rear of the home that connects to the TINY HOUSE. The Tiny House was built 3 years ago that measure 16X16 (256 SF). Currently part of the property, which was featured on FOX26 news segment of the East End revitalization. All appliances stay. THE LARGE ATTIC in the home can be utilized or made into another bedroom(s), office, game room. A Wonderful Place to Call HOME!

Investor Tools

$397,000

Estimated Property Value

$389,265Estimated Mortgage Balance

$7,735Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,634 /month

Positive

Cash Flow Estimate:

$878 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$577/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,940

$377,162

2025

$180,000

$197,162

$377,162

Tax History

Year

Tax Paid

Assessed Value

2024

$4,940

$377,162

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Herber Family Livlng Trust

Purchase Money Mortgage

$420,000

First

Jun 29, 2022

Jul 2042

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$389,265

$3,735

98%

$2,519/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$2,519/mo

$-1,212/mo

4.0%

Learn About the Market: Opportunity in Houston

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