Last 24 Hours
$266,000
NAL Estimated Property Value1422 Scharpe St, Houston, TX, 77023
$297,374 ARV
Recently Sold
9/08/26
3 Beds
2 Bath
1,500 Sq Ft
Duplex
$99.93 / sqft
Built in 1930Property Lead Type:
Deal ListARV FlipAbsentee OwnerHigh EquityCash BuyersVacant Homes
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Garage Available
Heating
CoolingExterior
Lot Size6,251 sqft
Building Information
Year Built1930
Stories1
Garage Spaces1
Land Information
APN0542500000006
Lot Number6
SubdivisionBroadmoor
Land UseResidential
Legal DescriptionLT 6 BLK 14 BROADMOOR
Census Tract310600
Assessed Land Value$156,250
Assessed Improvement Value$77,750
Assessment Year2025
About this property
Great investment opportunity just minutes from the University of Houston and Downtown/Midtown. Property is being sold for land value and offers potential for redevelopment, a fix-and-flip, or a future rental property. No appointment required. Doors are open. Enter at your own risk.
Investor Tools
$266,000
Estimated Property Value
$0Estimated Mortgage Balance
$266,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$297,374
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,596 /month
Positive
Cash Flow Estimate:
$532 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$548/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,244
$234,000
2025
$156,250
$77,750
$234,000
Yes (2022)
Tax History
Year
Tax Paid
Assessed Value
2024
$5,244
$234,000
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$296,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
7.8%
12.4%