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$356,000

NAL Estimated Property Value

13530 Luthe Rd, Houston, TX, 77039

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,640 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$231.1 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave, Gas Range
FlooringCarpet, Laminate, Vinyl

Exterior

Lot Size1.25 acres

Building Information

Year Built1970
Stories1
Garage Spaces4

Land Information

APN0041740000165
SubdivisionAldine Gardens
Land UseResidential
Legal DescriptionTR 123B ALDINE GARDENS SEC 1
Census Tract222800
Assessed Land Value$190,575
Assessed Improvement Value$159,425
Assessment Year2025

About this property

Welcome to this 3-bedroom, 2-bath brick home, perfectly situated on 1.25 unrestricted acres in a vibrant residential and commercial area. This property offers the ideal blend of comfort and versatility, making it suitable for both family living and potential business opportunities. The three generous bedrooms provide plenty of space, while the two bathrooms offer convenience for family and guests alike. Step outside to discover the expansive yard, where you can enjoy outdoor activities or explore the possibilities for future development. With its prime location minutes from downtown you’ll benefit from easy access to anywhere via beltway 8, hardy tollroad, 45, and 59, all while enjoying the privacy and of your own expansive lot. This property is a rare find—don’t miss your chance to make it your own!

Investor Tools

Property Icon
$356,000
Estimated Property Value
$467,278Estimated Mortgage Balance
$356,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,274 /month
Positive
Cash Flow Estimate:
$758 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$389/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,885
$350,000
2025
$190,575
$159,425
$350,000
Yes (2021)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,885
$350,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capital Fund I Llc
Unknown
$235,000
No
First
Jan 2, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$467,278
N/A
0%
131%
$2,818/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,818/mo
$-1,096/mo
5.8%

City: Houston

13530 Luthe Rd | Property Details | No Agent List