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$252,000

NAL Estimated Property Value

15039 Margeson St, Houston, TX, 77084

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,759 Sq Ft
price_per_sqft$141.56 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,148 sqft

Building Information

Year Built1980
Stories1
Garage Spaces2

Land Information

APN1107630000002
Lot Number2
SubdivisionConcord Colony
Land UseResidential
Legal DescriptionLT 2 BLK 9 CONCORD COLONY SEC 1
Census Tract540601
Assessed Land Value$58,704
Assessed Improvement Value$148,825
Assessment Year2025

About this property

Come tour this lovely Colonial Style home featuring 3 spacious bedrooms and 2 bathrooms! Upon entry of the home you are greeted with wood-like flooring in the living area and a large chimney. The dining room is located at the front of the home and leads you to your open kitchen that has white cabinets with lots of storage space. The kitchen has an additional dining space that has views of the backyard. The primary and secondary bedrooms are located on the left wing of the home. The primary bathroom has a double sinks, walk-in shower, 2 closets and a separate water closet. The driveway has lots of parking space near the detached garage. This home is within a 15 mins drive to the Energy Corridor and close proximity to Highway 6 and 290! Zoned to Cypress-Fairbanks ISD! If this is the perfect home for you, call today for a tour!

Investor Tools

Property Icon
$252,000
Estimated Property Value
$248,172Estimated Mortgage Balance
$3,828Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,512 /month
Positive
Cash Flow Estimate:
$504 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$243/month
$335/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,661
$207,529
2025
$58,704
$148,825
$207,529
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,661
$207,529

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
T2 Finacial Llc
Fha
$245,471
Yes
First
Feb 7, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,172
$9,828
3%
98%
$1,579/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,914/mo
+$126/mo
9.7%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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15039 Margeson St | Property Details | No Agent List