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$543,000

NAL Estimated Property Value

14409 Garrett Rd, Houston, TX, 77044

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths875 Sq Ft
Year BuiltBuilt in 1960

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1.35 acres

Building Information

Year Built1960
Stories1

Land Information

APN0502050000047
SubdivisionLincoln Park
Land UseResidential
Legal DescriptionPT TRS 28 & 29 BLK B (HOMESITE) LINCOLN PARK FARMS
Census Tract252100
Assessed Land Value$117,612
Assessed Improvement Value$45,251
Assessment Year2025

About this property

Exceptional opportunity to own ideal for commercial, residential, or mixed-use development located at the high-visibility corner of Garrett Road and Aqueduct. This property offers full frontage along both roads, allowing multiple driveway access points — ideal for easy customer entry and exit. This location is perfect for a wide range of businesses and development opportunities. Frontage: Full access along Garrett Road & Aqueduct, Zoning: Commercial - The seller is in the process of re-surveying the property, and a new address will be assigned to the commercial parcel upon completion. This prime corner lot is ready to be developed into the business venture of your choice.

Investor Tools

Property Icon
$543,000
Estimated Property Value
$0Estimated Mortgage Balance
$543,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,258 /month
Positive
Cash Flow Estimate:
$1,086 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$344/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,416
$162,863
2025
$117,612
$45,251
$162,863
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,416
$162,863

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Beatrice Akagi
Seller Carryback / Seller Financing / Seller Take-Back
$115,000
No
First
Sep 8, 1989
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$545,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
N/A
+$1,640/mo
3.6%

City: Houston

14409 Garrett Rd | Property Details | No Agent List