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$475,000

NAL Estimated Property Value

1603 Del Norte St, Houston, TX, 77018

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,727 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$289.52 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringTile, Wood

Exterior

Lot Size9,283 sqft

Building Information

Year Built1958
Stories1
Garage Spaces3

Land Information

APN0845480000147
Lot Number147
SubdivisionElla Lee Forest
Land UseResidential
Legal DescriptionLT 147 BLK G ELLA LEE FOREST
Census Tract531700
Assessed Land Value$281,245
Assessed Improvement Value$190,906
Assessment Year2025

About this property

Looking for an Ella Forest gem?? Here is your chance to grab this well maintained, one story home and make it your own! This home features 3 beds and 2 baths, formal living room, dining spaces, and den. The updated kitchen has granite counters and ample storage. All of the bedrooms are generously sized! Outdoors, a fenced yard, 2 car attached garage and an additional garage/workshop space will give you room for all of your toys! The driveway has been extended for ample parking. Fresh paint throughout! New hot water heater! New roof!

Investor Tools

Property Icon
$475,000
Estimated Property Value
$416,745Estimated Mortgage Balance
$58,255Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$410/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,541
$472,151
2025
$281,245
$190,906
$472,151
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,541
$472,151

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$427,500
No
First
Dec 20, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$416,745
$71,255
14%
88%
$2,564/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,564/mo
$-842/mo
4.4%

City: Houston

1603 Del Norte St | Property Details | No Agent List