$3,800
1832 Lexington St, Houston, TX, 77098
Under Contract
Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Electric Oven, Electric Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Wood
Exterior
Lot Size6,874 sqft
Building Information
Year Built1939
Stories2
Land Information
APN0660870050013
SubdivisionRichwood
Land UseResidential
Legal DescriptionTRS 13 & 14A BLK 5 RICHWOOD
Census Tract410900
Assessed Land Value$579,375
Assessed Improvement Value$166,125
Assessment Year2025
About this property
Very large traditional home with hardwoods, fenced back yard. Lots of shelving in living Room, Great windows, brick patio, bedroom down with bath could be office, bedroom off master could be 4th bedroom or office. 2 blocks from Dog park. Corian counters in kitchen. This is a lovely lot with a nice big montorse house.
Investor Tools
$219,813Estimated Mortgage Balance
$766,187Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,916 /month
Positive
Cash Flow Estimate:
$1,972 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,701/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,487
$745,500
2025
$579,375
$166,125
$745,500
No
Tax History
Year
Tax Paid
Assessed Value
2024
$15,487
$745,500
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hancock Mortgage Partners Llc
Conventional
$330,000
No
First
Mar 29, 2012
Apr 2042
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,813
$766,187
77%
22%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
N/A
+$2,580/mo
3.1%
