$208,000
NAL Estimated Property Value1802 Main St, South Houston, TX, 77587
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
FlooringCarpet, Laminate, Tile
Exterior
Lot Size7,100 sqft
Building Information
Year Built1967
Stories1
Garage Spaces4
Land Information
APN0340420820001
Lot Number1
SubdivisionSouth Houston
Land UseResidential
Legal DescriptionLT 1 BLK 82 SOUTH HOUSTON
Census Tract320800
Assessed Land Value$81,420
Assessed Improvement Value$102,911
Assessment Year2025
About this property
This charming three bedroom home sits on a spacious corner lot and is ready for a first-time home buyer, or investor. This home offers an open kitchen and living area, a front room that can be used as an office, family room, or gameroom and plenty of parking with a carport, in addition to a 2-car garage. Located close to Hobby Airport and major highways. Schedule your showing today!
Investor Tools
$208,000
Estimated Property Value
$940,856Estimated Mortgage Balance
$208,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,248 /month
Positive
Cash Flow Estimate:
$416 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$292/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,467
$184,331
2025
$81,420
$102,911
$184,331
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,467
$184,331
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Va
$180,000
Yes
First
Jan 27, 2023
Feb 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$940,856
N/A
0%
452%
$5,828/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$5,828/mo
$-4,106/mo
9.9%
