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$546,000

NAL Estimated Property Value

1510 Fairbanks St, Houston, TX, 77009

Off MarketInfo
CommercialInfo
Beds3 Beds
Baths1 Bath
Baths4,080 Sq Ft
price_per_sqft$128.68 / sqft
Year BuiltBuilt in 1945

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
HeatingHeating

Exterior

Lot Size10,001 sqft

Building Information

Year Built1945

Land Information

APN0311840000006
Lot Number6,7
SubdivisionRyon
Land UseResidential
Legal DescriptionLTS 6 & 7 BLK 184 RYON
Census Tract210700
Assessed Land Value$300,000
Assessed Improvement Value$56,250
Assessment Year2025

About this property

6 wood frame homes. 5 are 2 bed/1 bath with living and kitchen. 1 is a 3 bed/1 bath with living and kitchen. Sold for lot value, as is. All utilities paid by tenants. The second lot is 6,250 square foot( for a total of 16,250 sq ft). The tax ID for that lot is 031-184-000-0012.

Investor Tools

Property Icon
$546,000
Estimated Property Value
$83,769Estimated Mortgage Balance
$462,231Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,276 /month
Positive
Cash Flow Estimate:
$1,092 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$867/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,679
$356,250
2025
$300,000
$56,250
$356,250
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,679
$356,250

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$101,500
No
First
Nov 29, 2017
Dec 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$83,769
$464,231
84%
15%
$609/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$609/mo
+$698/mo
2.9%

Learn About the Market: Opportunity in Houston

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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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1510 Fairbanks St | Property Details | No Agent List