Last 24 Hours
$916,000
NAL Estimated Property Value1231 Bay Oaks Road, Houston, TX, 77008
Off Market
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size23,718 sqft
Land Information
APN0771810060019
Lot Number19
SubdivisionTimbergrove Manor
Land UseResidential
Legal DescriptionLT 19 BLK 6 TIMBERGROVE MANOR
Census Tract511201
Assessed Land Value$803,700
Assessment Year2025
About this property
The lot covers BOTH SIDES of the ravine. FULL SET of plans already submitted to the City of Houston awaiting final approval included in the sale. Potential to start building in less than 30 days! Lot is clear and all electric, cable/data/phone lines have been buried along with side easements released by Centerpoint that allows for an 80 foot wide home.
Investor Tools
$916,000
Estimated Property Value
$475,552Estimated Mortgage Balance
$440,448Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,666/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,415
$803,700
2025
$803,700
N/A
$803,700
No
Tax History
Year
Tax Paid
Assessed Value
2024
$15,415
$803,700
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$483,750
No
First
Feb 28, 2024
Mar 2039
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$475,552
$440,448
48%
52%
$3,893/mo
12.4%