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$836,000

NAL Estimated Property Value

1820 Pine Village Dr, Houston, TX, 77080

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths2,296 Sq Ft
Multi FamilyMulti Family
price_per_sqft$143.25 / sqft
Year BuiltBuilt in 1960

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Lot Size12,319 sqft

Building Information

Year Built1960
Garage Spaces1

Land Information

APN0790670030022
Lot Number22
SubdivisionPine Village
Land UseResidential
Legal DescriptionLT 22 BLK 3 PINE VILLAGE
Census Tract522202
Assessed Land Value$307,000
Assessed Improvement Value$134,000
Assessment Year2025

About this property

Duplex Located in the heart of Spring Branch, nestled among a residential area with large oak trees. Each unit of this duplex is 1148 Square feet. Total of 2296 with both units combined. Each unit has it own garage and its own fenced patio area. As well they have a front yard or a side yard for outdoor enjoyment. The units mirror each other in floor plan. The front unit has parquet floors and carpet, the back unit has tile and carpet. The floor plan includes 2 bedrooms, 1 bath, laundry room, dining, kitchen and one car garage. Front leases for $900, Back leases for $700 ( discounted for managing property). Utilities paid by tenants. Both are under market price for location and condition. Landlord has not raised the rent in years. Tenants are on Month to Month lease. The lot is unrestricted per subdivision restrictions, see attachment. Investment opportunity or live in one side and lease the other. Or build on the lot. The area is doing extremely well! The units Mirror one another.

Investor Tools

Property Icon
$836,000
Estimated Property Value
$180,087Estimated Mortgage Balance
$655,913Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,016 /month
Positive
Cash Flow Estimate:
$1,672 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$709/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,334
$441,000
2025
$307,000
$134,000
$441,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,334
$441,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Connextions Lp
Conventional
$186,200
No
First
Jul 19, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$180,087
$568,913
75%
22%
$1,117/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,117/mo
+$190/mo
1.9%

Learn About the Market: Opportunity in Houston

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Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

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Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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1820 Pine Village Dr | Property Details | No Agent List