Last 24 Hours
$463,000
NAL Estimated Property Value1418 Wichman St, Houston, TX, 77007
Off Market
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size1,647 sqft
Land Information
APN1391670010003
Lot Number3
Land UseResidential
Legal DescriptionLT 3 BLK 1 FOREST PARK LANDING
Census Tract510202
Assessed Land Value$125,843
Assessed Improvement Value$2,520
Assessment Year2025
About this property
INVESTORS ~ Project Is Ready to Build! Excellent Development Opportunity near I-10. 3 lots provide a great developer opportunity. This is a 6 unit project, 3 units already SOLD & CLOSED (1412, 1414 & 1416 Wichman Street). Last 3 units (1418, 1420 &I 1422 Wichman Street) are ready for building. Development Sit Plans, Permits, Designs and Engineering all completed.
Investor Tools
$463,000
Estimated Property Value
$0Estimated Mortgage Balance
$463,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,778 /month
Positive
Cash Flow Estimate:
$926 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$365/month
$350/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,066
$128,363
2025
$125,843
$2,520
$128,363
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,066
$128,363
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$446,000
100%
0%
$0/mo
12.4%