$219,000
1401 Amundsen St, Houston, TX, 77009
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
Exterior
Lot Size5,001 sqft
Building Information
Year Built1945
Stories1
Garage Spaces1
Land Information
APN0311130000004
Lot Number5
SubdivisionRyon
Land UseResidential
Legal DescriptionLT 5 BLK 113 RYON
Census Tract210700
Assessed Land Value$166,000
Assessed Improvement Value$19,740
Assessment Year2025
About this property
Exceptional opportunity to build in one of Houston's rapidly growing areas! This cleared vacant lot is ideal for investors, builders, or those looking to build a custom home. Surrounded by new construction and redevelopment, the property offers convenient access to I-45, Loop 610, Downtown Houston, The Heights, Independence Heights, Hardy Yards, and the Northline redevelopment corridor. Don't miss this opportunity to invest in one of Houston's rapidly growing neighborhoods with easy access to major employment centers, dining, shopping, and entertainment.
Investor Tools
$11,721Estimated Mortgage Balance
$188,279Estimated Equity
94% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,314 /month
Positive
Cash Flow Estimate:
$438 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$413/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,951
$185,740
2025
$166,000
$19,740
$185,740
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,951
$185,740
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Marquette Gibbs
Seller Carryback / Seller Financing / Seller Take-Back
$15,000
No
First
Apr 12, 2016
Apr 2020
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$11,721
$188,279
94%
6%
$90/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$90/mo
+$1,217/mo
7.8%
