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$418,000

NAL Estimated Property Value

1422 Southwick Street, Houston, TX, 77080

$519,915 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,527 Sq Ft
price_per_sqft$154.29 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Trash Compactor, Microwave, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesBalcony
Lot Size10,751 sqft

Building Information

Year Built1964
Stories1
Garage Spaces2

Land Information

APN0904020000013
Lot Number13
Land UseResidential
Legal DescriptionLT 13 BLK 3 COUNTRY ESTATES
Census Tract522202
Assessed Land Value$155,625
Assessed Improvement Value$208,464
Assessment Year2025

About this property

PRICED TO SELL!! Investors/Buyers.. Beautiful Corner Lot settled near Memorial city mall and Memorial Hermann medical center, only minutes away from the City center and downtown. Completely remodeled with NEW extra living quarters separately fenced that offers 2 bedroom and 1 bath with separate entrance and parking. You will find new roof, paint, a/c, heating, all appliances, carpet, completely redone bath and both living rooms with new water lines. Along with total makeover of the exterior including new paint and extended driveway, sidewalk, Etc.. Huge totally fenced backyard with an newly extended back porch for all your outdoor activities. NO HOA FEES OR MAINTNACE FEES or any LOT RESTRICTIONS. This is the hidden GEM in the heart of Energy Corridor! that it can easily accommodate TWO families. Or investors rental dream that offers 2 in 1 rental opportunity. Hurry!! Schedule your showing today!

Investor Tools

Property Icon
$418,000
Estimated Property Value
$427,109Estimated Mortgage Balance
$418,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$519,915
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,508 /month
Positive
Cash Flow Estimate:
$836 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$531/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,281
$364,089
2025
$155,625
$208,464
$364,089
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,281
$364,089

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Victorian Finance Llc
Conventional
$303,920
No
First
Apr 15, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$427,109
N/A
0%
102%
$2,723/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,723/mo
$-1,001/mo
4.9%

City: Houston

1422 Southwick Street | Property Details | No Agent List