$249,000
NAL Estimated Property Value1220 Churchill Road, River Oaks, TX, 76114
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesNone
FlooringCeramic Tile, Wood
Exterior
Exterior FeaturesStorage
Lot Size11,996 sqft
Building Information
Year Built1950
Stories1
Garage Spaces2
Land Information
APN47680-2-1
Lot Number1
SubdivisionWoodlawn Addition
Land UseResidential
Legal DescriptionWOODLAWN ADDITION BLOCK 2 LOT 1
Census Tract110500
Assessed Land Value$64,000
Assessed Improvement Value$167,781
Assessment Year2025
About this property
HUGE LOT! Charming home with mature trees sitting on over a little more than a quarter acre. This homes features gorgeous pine wood floors and has recently been updated. Updates include new three tab 30 year roof, all new energy efficient windows, new paint, inside and out. New cabinets and granite countertops in the kitchen and a newly updated bathroom. The City of River Oaks is currently updating the sewer line and will be repaving the road. Adjacent 12,000 sf lot is available for purchase as well.
Investor Tools
$249,000
Estimated Property Value
$186,871Estimated Mortgage Balance
$62,129Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$319/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,585
$231,781
2025
$64,000
$167,781
$231,781
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,585
$231,781
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$204,250
No
First
Nov 18, 2021
Dec 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,871
$62,129
24%
75%
$1,225/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,225/mo
+$702/mo
9.3%
