Last 24 Hours
$470,274
NAL Estimated Property Value126 N Drennan St, Houston, TX, 77003
Off Market
Commercial
3 Beds
2 Bath
1,352 Sq Ft
$369.82 / sqft
Built in 1935Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Heating Central
CoolingAppliancesRange, Dishwasher
Exterior
Exterior FeaturesPrivate Entrance
Lot Size6,678 sqft
Building Information
Year Built1935
Land Information
APN0523180000003
Lot Number3
SubdivisionBlau Homestead
Land UseResidential
Legal DescriptionLT 3 & TR 4A BLK 4 BLAU HOMESTEAD
Census Tract310400
Assessed Land Value$204,313
Assessed Improvement Value$265,961
Assessment Year2025
About this property
A unique property in East Downtown featuring a single-family home and two apartments. This property has been beautifully updated while still maintaining its original character and charm! Enjoy close proximity to Downtown Houston, the MetroRail, restaurants, shopping and other local attractions.
Investor Tools
$470,274
Estimated Property Value
$371,070Estimated Mortgage Balance
$99,204Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$898/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,428
$470,274
2025
$204,313
$265,961
$470,274
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,428
$470,274
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New City Mortgage Llc
Conventional
$392,000
No
First
Jun 5, 2023
Jul 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$371,070
$99,204
21%
79%
$2,351/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,590/mo
$2,351/mo
$-761/mo
4.1%
12.4%