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Owner Contacts

$805,000

NAL Estimated Property Value

1826 Salford Dr, Houston, TX, 77008

Off Market

4 Beds

2 Bath

2,136 Sq Ft

Single Family Residence

$325.37 / sqft

Built in 1963

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Convection Oven, Gas Oven, Microwave, Gas Range, Dishwasher

FlooringTile, Wood

Exterior

Lot Size8,242 sqft

Building Information

Year Built1963

Stories1

Garage Spaces2

Land Information

APN0923090000026

SubdivisionLazybrook

Land UseResidential

Legal DescriptionTRS 26 & 27A BLK 1 LAZYBROOK SEC 9

Census Tract511001

Assessed Land Value$386,000

Assessed Improvement Value$340,807

Assessment Year2025

About this property

Exquisitely remodeled home on a quiet cul-de-sac in Lazybrook! This 4 bedroom, 2 bathroom home features many updates throughout. The spacious primary bedroom located in the back of the home includes private master bath and walk-in closet with soaking tub, double vanities and large separate shower. Open concept living area features working fire place, double doors onto backyard, and area for dining room. Remodeled kitchen with ample storage and large kitchen island provides extra seating. Spacious laundry room and mud room are located at the back of the house. Large backyard features TREX deck with reinforced Dr. Wellness hot tub and ample yard space! Motorized Equinox Louvered Roof covers the back patio allowing for shade or sun depending on the weather. Complete renovations also included electrical, PEX piping, drain lines, HVAC, energy-efficient windows, and fence. This home is a must see!

Investor Tools

$805,000

Estimated Property Value

$640,484Estimated Mortgage Balance

$164,516Estimated Equity

17% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,830 /month

Positive

Cash Flow Estimate:

$1,610 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,321/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,830

$726,807

2025

$386,000

$340,807

$726,807

Tax History

Year

Tax Paid

Assessed Value

2024

$11,830

$726,807

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cadence Bank Na

Conventional

$668,800

First

Dec 1, 2022

Jan 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$640,484

$136,516

17%

80%

$4,171/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,880/mo

$4,171/mo

$-1,291/mo

4.3%

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