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$205,980

NAL Estimated Property Value

1500 Simon Ave, Brenham, TX, 77833

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,187 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$101.1 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Deal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1

Exterior

Lot Size9,975 sqft

Building Information

Year Built1991

Land Information

APN4850-005-00100
Lot Number1,2
SubdivisionPost Oak Grove
Land UseResidential
Legal DescriptionPOST OAK GROVE, BLOCK 5, LOT 1 & 2, (1500 SIMON)
Census Tract170100
Assessed Land Value$39,100
Assessed Improvement Value$166,880
Assessment Year2025

About this property

INVESTMENT OPPORTUNITY! This fixer-upper is a former rental property that sits on two city lots and is being sold AS IS. According to the City of Brenham Zoning website, this property is zoned R2 Mixed Residential.

Investor Tools

Property Icon
$205,980
Estimated Property Value
$204,205Estimated Mortgage Balance
$1,775Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,236 /month
Positive
Cash Flow Estimate:
$412 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$371/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,427
$205,980
2025
$39,100
$166,880
$205,980
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,427
$205,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fayette Savings Bank Ssb
Commercial
$210,800
No
First
Aug 27, 2024
Aug 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,205
$5,795
2%
99%
$1,264/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,390/mo
$1,264/mo
+$126/mo
8.1%

City: Brenham

1500 Simon Ave | Property Details | No Agent List