Last 24 Hours
$3,800
1611 De Soto St, Houston, TX, 77091
On Market
2 Beds
2 Bath
1,800 Sq Ft
$2.11 / sqft
Built in 2025Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 2
Bathrooms Full 2
Garage Available
Heating Central
CoolingExterior
Lot Size1.01 acres
Building Information
Year Built2008
Garage Spaces12
Land Information
APN0551800000027
Lot Number27
SubdivisionHighland Heights Annex
Land UseResidential
Legal DescriptionLT 27 BLK 13 HIGHLAND HEIGHTS ANNEX SEC 2
Census Tract531800
Assessed Land Value$406,318
Assessed Improvement Value$62,644
Assessment Year2025
About this property
The property has an additional small home behind it. The 2 bedrooms and a bathroom are available there.
Investor Tools
$0Estimated Mortgage Balance
$468,962Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,814 /month
Positive
Cash Flow Estimate:
$938 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$408/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,550
$468,962
2025
$406,318
$62,644
$468,962
Yes (2023)
Tax History
Year
Tax Paid
Assessed Value
2024
$2,550
$468,962
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$468,962
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
4.4%
12.4%