$250,000
NAL Estimated Property Value1626 Rancho Grande Dr, Houston, TX, 77049
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Gas Cooktop, Gas Range, Dishwasher, Oven
FlooringCarpet, Vinyl
Exterior
Lot Size5,750 sqft
Building Information
Year Built2016
Garage Spaces1
Land Information
APN1373770040050
Lot Number50
Land UseResidential
Legal DescriptionLT 50 BLK 4 RANCHO VERDE SEC 6
Census Tract252306
Assessed Land Value$47,821
Assessed Improvement Value$201,778
Assessment Year2025
About this property
Beautiful 3/2/2 starter home in perfect condition well cared for by sellers. Formal Dining area open to kitchen and open concept from kitchen to living room area. Home is in a fantastic location close to shopping centers major highways and new development. Come and view this beautiful property and call it home.
Investor Tools
$250,000
Estimated Property Value
$166,417Estimated Mortgage Balance
$83,583Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$246/month
$405/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,707
$249,599
2025
$47,821
$201,778
$249,599
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,707
$249,599
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Towne Mortgage Co
Fha
$186,558
Yes
First
Oct 20, 2020
Nov 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$166,417
$83,182
33%
67%
$1,119/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,770/mo
$1,524/mo
+$246/mo
8.5%
