$811,033
NAL Estimated Property Value1913 Lubbock St, Houston, TX, 77007
Off Market
Commercial
Highlights
Interior
AppliancesRange, ENERGY STAR Qualified Appliances, Disposal, Dishwasher, Refrigerator
FlooringWood
Exterior
Lot Size7,501 sqft
Building Information
Year Built1890
Garage Spaces3
Land Information
APN0052120000010
Lot Number10
SubdivisionBaker W R Nsbb
Land UseResidential
Legal DescriptionLT 10 & TR 11A BLK 429 BAKER W R NSBB
Census Tract510201
Assessed Land Value$375,000
Assessed Improvement Value$436,033
Assessment Year2025
About this property
Opportunity knocks! Two updated cottages and two updated garage apartments on oversized lot in coveted Old Sixth Ward! Owner can live in one cottage and have income stream from three remaining rental units or income from all four units! Currently three units are leased. Each cottage has 3 bedrooms and 1 bath. Updates in attachments. Rental roll available. Only 1913 Lubbock available for viewing. Property can be subdivided and sold as two separate houses. Accompanied showings. Rent roll is in attachments.
Investor Tools
$811,033
Estimated Property Value
$817,059Estimated Mortgage Balance
$811,033Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,950 /month
Positive
Cash Flow Estimate:
$1,650 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,414/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,911
$811,033
2025
$375,000
$436,033
$811,033
No
Tax History
Year
Tax Paid
Assessed Value
2024
$12,911
$811,033
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Commercial
$832,977
No
First
Apr 10, 2025
May 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$817,059
N/A
0%
101%
$4,995/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$4,995/mo
$-3,035/mo
2.9%
