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$231,000

NAL Estimated Property Value

1214 Avenue L, South Houston, TX, 77587

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,609 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133.62 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Gas Oven, Gas Cooktop, Dishwasher
FlooringVinyl

Exterior

Lot Size7,100 sqft

Building Information

Year Built1967
Stories1
Garage Spaces2

Land Information

APN0341050070002
Lot Number2
SubdivisionSouth Houston
Land UseResidential
Legal DescriptionLT 2 BLK 207 SOUTH HOUSTON
Census Tract321402
Assessed Land Value$85,200
Assessed Improvement Value$131,114
Assessment Year2025

About this property

UPDATED 3 bedroom brick home ready for move-in *** stylish vinyl plank flooring throughout & neutral interior paint * spacious living room with vaulted ceiling features corner wood burning / gas fireplace plus tons of natural light * kitchen with built-in gas cooktop & double oven, stainless dishwasher & sink plus storage pantry & bay window with table space * kitchen looks onto oversized dining room with ceiling fan * BONUS room off living room with high ceiling would make a fantastic home office/work space * primary bedroom with ceiling fan, walk-in closet & private half bath * secondary bedrooms with ceiling fans & one with walk-in closet * full bath with tub/shower combo with tiled surround * French doors from living room lead out to nice size fenced backyard * double-car attached garage with utility area & auto opener * roof appx 5 years young * don't miss out on this fantastic opportunity --- come take a look today!

Investor Tools

Property Icon
$231,000
Estimated Property Value
$156,461Estimated Mortgage Balance
$74,539Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,386 /month
Positive
Cash Flow Estimate:
$462 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$339/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,918
$216,314
2025
$85,200
$131,114
$216,314
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,918
$216,314

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Carol L Williams
Seller Carryback / Seller Financing / Seller Take-Back
$160,000
No
First
Feb 3, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$156,461
$68,539
30%
68%
$960/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$960/mo
+$762/mo
8.9%

City: South Houston

1214 Avenue L | Property Details | No Agent List