$199,000
NAL Estimated Property Value1626 Demaree Ln, Houston, TX, 77029
Off Market
Property Lead Type:
Absentee OwnerVacant Homes
Highlights
Interior
FlooringCarpet, Tile, Wood
Exterior
Lot Size6,164 sqft
Building Information
Year Built1950
Stories1
Garage Spaces2
Land Information
APN0790700010006
Lot Number6
SubdivisionPleasanton Manor
Land UseResidential
Legal DescriptionLT 6 BLK 1 PLEASANTON MANOR SEC 2
Census Tract212500
Assessed Land Value$46,640
Assessed Improvement Value$8,089
Assessment Year2025
About this property
4 bedroom 2 1/2 bathroom home! Updated with new LED lights, new windows, fans, carpets, granite countertops and tile backsplash in the kitchen, original hardwood floors in the entrance room and in 2 of the bedrooms, oversized master bedroom with 2 closets and a private bathroom! Seller is a license real estate agent
Investor Tools
$199,000
Estimated Property Value
$175,776Estimated Mortgage Balance
$23,224Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$148/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$775
$54,729
2025
$46,640
$8,089
$54,729
No
Tax History
Year
Tax Paid
Assessed Value
2024
$775
$54,729
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Network Inc
Conventional
$190,000
No
First
May 27, 2022
Jun 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$175,776
$15,224
7%
88%
$1,140/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,140/mo
+$582/mo
10.4%
