1Days on Market

4view

$300,000

18231 Barbuda Ln, Houston, TX, 77058

On Market

Just Added

4 Beds

3 Bath

2,690 Sq Ft

Single Family Residence

$111.52 / sqft

Built in 1964

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Double Oven, Microwave, Dishwasher

FlooringCarpet, Terrazzo, Tile

Exterior

Lot Size8,878 sqft

Building Information

Year Built1964

Stories1

Garage Spaces2

Land Information

APN0961320000004

Lot Number4

SubdivisionNassau Bay

Land UseResidential

Legal DescriptionLT 4 BLK 8 NASSAU BAY SEC 1

Census Tract341203

Assessed Land Value$71,808

Assessed Improvement Value$222,218

Assessment Year2025

About this property

Home is being offered AS-IS. No repairs will be completed by Seller. Bring your contractor and your vision. Fixer-upper with enormous potential. Located in the highly sought-after community of Nassau Bay, this spacious 4-bedroom, 3.5-bath home offers endless possibilities! The Primary Bedroom features an adjoining sitting area, perfect for a nursery, home office, or private retreat. Spacious Kitchen offers abundant cabinet and counter space, plus a Breakfast Area. Formal Dining Room, Family Room, and generously sized bedrooms with ample closets provide plenty of living and storage space. Laundry Room is located inside the home. Additional features include a Whole-Home Generator, Low-E Double-Paned Windows, and Tankless Water Heater. Zoned to highly rated CCISD schools and ideally located in the heart of Clear Lake. Be sure to explore the virtual tour for a complete walk-through.

Investor Tools

$47,484Estimated Mortgage Balance

$390,194Estimated Equity

89% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,622 /month

Positive

Cash Flow Estimate:

$874 /month

Interested in this property?

Stacy McAdams

CB&A, Realtors- Southeast

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$353/month

$88/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,048

$294,026

2025

$71,808

$222,218

$294,026

Tax History

Year

Tax Paid

Assessed Value

2024

$2,048

$294,026

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Houston Capital Mtg

N/A

$151,600

N/A

First

Aug 8, 2001

Sep 2031

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$47,484

$389,516

89%

11%

$921/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,500/mo

$1,009/mo

+$1,491/mo

6.9%

Learn About the Market: Opportunity in Houston

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