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

$468,000

NAL Estimated Property Value

1221 Hobbs Reach Ln, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,096 Sq Ft
price_per_sqft$185.83 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,403 sqft

Building Information

Year Built2010
Garage Spaces1

Land Information

APN1295910010029
Lot Number29
SubdivisionBeall Addition 15 1/2 Street Amend
Land UseResidential
Legal DescriptionLT 29 BLK 1 BEALL ADDITION 15 1/2 STREET AMEND
Census Tract511201
Assessed Land Value$77,220
Assessed Improvement Value$346,067
Assessment Year2025

About this property

Introducing a craftsman, cottage-style townhome in the heart of Shady Acres!! This spacious property is perfect for roommates or your expanding family. Complete with 3 bedrooms, 3 en-suite baths and a fabulous 2nd floor that's open and perfect for entertaining. This incredible townhome sits secure in a gated community in walking distance to New Magnolia Brewing, Eureka Heights Brew, Bungalow Heights, Wicklow Heights, Hubcap Grill, Preslee's and the beautiful hike/bike trails known to the Heights in Houston. Notable features include an attached 2 car garage w/new garage access pad, ('21) recent AC and coils, new smoke/carbon monoxide alarms, custom bar shelf in the den, fresh paint on exterior porch and balcony, a private fenced patio, stunning views of SPJST Lodge and the privacy of no rear neighbors. This is the home of your dreams! Call for your appointment today.

Investor Tools

Property Icon
$468,000
Estimated Property Value
$329,881Estimated Mortgage Balance
$138,119Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,808 /month
Positive
Cash Flow Estimate:
$936 /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
$749/month
$1,788/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,653
$423,287
2025
$77,220
$346,067
$423,287
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,653
$423,287

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nfm Inc
Conventional
$364,720
No
First
May 3, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$329,881
$152,119
31%
70%
$2,187/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$3,975/mo
$-1,745/mo
5.7%

City: Houston

1221 Hobbs Reach Ln | Property Details | No Agent List