$394,400
14116 Almeda School Rd, Houston, TX, 77047
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesFreestanding Oven, Gas Oven, Microwave, Free-Standing Range, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Vinyl Plank
Exterior
Exterior FeaturesSide Yard
Lot Size39,126 sqft
Building Information
Year Built1960
Stories1
Garage Spaces2
Land Information
APN0042080260042
Lot Number25,29
SubdivisionAlmeda
Land UseResidential
Legal DescriptionLTS 2 THRU 9 & 26 27 & 28 & S 8 FT OF LT 25 & N 10 FT OF LT 29 BLK Z ALMEDA
Census Tract330902
Assessed Land Value$332,563
Assessed Improvement Value$23,487
Assessment Year2025
About this property
Nestled on almost an acre of land in Houston, this home on Almeda School Road offers a unique opportunity. The 2124 Sqft house was renovated in 2017, features an open concept layout with Kitchen, Dining, Living combo, 3 bedrooms, 2 baths, and a Flex Room currently used as a Hair Salon. Enjoy the convenience of a laundry room with a coffee bar, 1 Car Garage.
Investor Tools
$64,525Estimated Mortgage Balance
$291,525Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,366 /month
Positive
Cash Flow Estimate:
$789 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$319/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,044
$356,050
2025
$332,563
$23,487
$356,050
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,044
$356,050
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Compass Bank
N/A
$195,600
N/A
First
Oct 7, 1998
Nov 2028
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$64,525
$291,525
81%
18%
$1,462/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$1,462/mo
+$1,128/mo
8.7%
