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$247,000

NAL Estimated Property Value

1214 Ruell St, Houston, TX, 77017

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,404 Sq Ft
price_per_sqft$178.06 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size6,599 sqft

Building Information

Year Built1955
Stories1
Garage Spaces1

Land Information

APN0771780310009
Lot Number9
SubdivisionOak Meadows
Land UseResidential
Legal DescriptionLT 9 BLK 31 OAK MEADOWS SEC 2
Census Tract320500
Assessed Land Value$66,000
Assessed Improvement Value$168,626
Assessment Year2025

About this property

Have you been looking for a starter or a second home? Look no more! Come and see this fully renovated gem. This home has a new roof, plumbing, electricity, painting inside and out, laundry room, backyard fence, and new appliances and more. Conveniently cose to schools, only 0.5 miles to Rucker Elementary, 1.5 miles to Stevenson Middle School, and 0.6 miles to Chavez High School. Close to major highways such as I-45 and 610 and minutes away from downtown. In addition, you will have restaurants and shopping stores near by. Come and make this house YOUR HOME!!!! Don't wait to book your showing today!!!

Investor Tools

Property Icon
$247,000
Estimated Property Value
$225,761Estimated Mortgage Balance
$21,239Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$343/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,875
$234,626
2025
$66,000
$168,626
$234,626
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,875
$234,626

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$236,680
No
First
Nov 29, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$225,761
$27,239
10%
91%
$1,449/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,449/mo
+$273/mo
8.4%

City: Houston

1214 Ruell St | Property Details | No Agent List