$277,000
NAL Estimated Property Value1430 Newmark Dr, Houston, TX, 77014
Off Market
Property Lead Type:
BankruptcyAbsentee Owner
Highlights
Interior
AppliancesDisposal, Gas Oven, Gas Cooktop, Gas Range, Dishwasher
FlooringCarpet, Tile
Exterior
Lot Size7,910 sqft
Building Information
Year Built1984
Stories2
Garage Spaces2
Land Information
APN1151360080045
Lot Number45
SubdivisionCranbrook
Land UseResidential
Legal DescriptionLT 45 BLK 8 CRANBROOK SEC 1
Census Tract550404
Assessed Land Value$45,136
Assessed Improvement Value$200,845
Assessment Year2025
About this property
Beautiful 2 story home, the home features a study/office, playroom, and 4 bedrooms with the primary suite downstairs. Updated with new carpets (2022) , HVAC system (2022) and the roof is only 2 yrs old. Conveniently located near 45 N, IAH airport, schools, parks and schools.
Investor Tools
$277,000
Estimated Property Value
$229,689Estimated Mortgage Balance
$47,311Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,662 /month
Positive
Cash Flow Estimate:
$554 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$279/month
$425/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,969
$245,981
2025
$45,136
$200,845
$245,981
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,969
$245,981
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$246,050
No
First
Oct 20, 2022
Nov 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$229,689
$56,311
19%
83%
$1,476/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,901/mo
+$325/mo
9.6%
