$661,000
NAL Estimated Property Value1348 Alexander St, Houston, TX, 77008
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
Exterior
Lot Size1,816 sqft
Building Information
Year Built2023
Garage Spaces1
Land Information
APN1468150010001
Lot Number1
Land UseResidential Single Family
Legal DescriptionLT 1 BLK 1 RIVERWAY HEIGHTS ON ALEXANDER
Census Tract511301
Assessed Land Value$163,530
Assessed Improvement Value$481,470
Assessment Year2025
About this property
**Just Completed!** This stunning home, built by Riverway Homes, is now ready for its new owner. Featuring custom finishes, private driveways, and spacious yards, this property offers the best of both style and comfort. Inside, you’ll find beautiful hardwood floors, custom cabinetry, and a Texas-sized island that anchors the open-concept layout—perfect for entertaining. Homes in this area are selling quickly, so don’t miss out. Contact the listing agent for more details!
Investor Tools
$661,000
Estimated Property Value
$488,939Estimated Mortgage Balance
$172,061Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,966 /month
Positive
Cash Flow Estimate:
$1,322 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$570/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,539
$645,000
2025
$163,530
$481,470
$645,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,539
$645,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sirva Mortgage Inc
Conventional
$500,000
No
First
Feb 7, 2025
Mar 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$488,939
$172,061
26%
74%
$2,998/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$2,998/mo
$-768/mo
4.0%
