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$386,594

NAL Estimated Property Value

1565 Scharpe Street, Houston, TX, 77023

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,525 Sq Ft
price_per_sqft$252.26 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Gas Cooktop, Gas Range, Dishwasher, Refrigerator
FlooringTile, Wood

Exterior

Lot Size6,251 sqft

Building Information

Year Built1935

Land Information

APN0542490000035
Lot Number35
SubdivisionBroadmoor
Land UseResidential
Legal DescriptionLT 35 BLK 13 BROADMOOR
Census Tract310600
Assessed Land Value$156,250
Assessed Improvement Value$230,344
Assessment Year2025

About this property

This fully RESTORED bungalow in Historic Eastwood is just what the doctor ordered. Custom re-built to exacting standards and fully modernized, this home is a breath of fresh air, an endless source of sweet dreams. Modern, solid, Satin etched glass entry door gives way to unusually high cathedral ceilings. Light soaks through Low-E windows before bouncing off wood floors, their grain dances gracefully. Behind insulated smooth walls, the frame, pipes and wires all-new, something you will never have to do. Floor plan flow is superb, a total of three bed rooms, two fulls baths and even a home office. Custom self-closing cabinetry can be found in the kitchen, bathrooms, laundry room, and supports the top of Calacatta White Quartz Countertops. Location is superb with home just minutes away from numerous downtown attractions including, University of Houston, medical center Discovery Green, Minute Maid Park, and BBVA Stadium to name a few. Call today for a private showing.

Investor Tools

Property Icon
$386,594
Estimated Property Value
$262,976Estimated Mortgage Balance
$123,618Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,320 /month
Positive
Cash Flow Estimate:
$773 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$594/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,194
$386,594
2025
$156,250
$230,344
$386,594
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,194
$386,594

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Nation Mortgage Inc
Conventional
$296,000
No
First
Aug 11, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,976
$123,618
31%
68%
$1,775/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,775/mo
+$451/mo
6.9%

City: Houston

1565 Scharpe Street | Property Details | No Agent List