$1,881,900
NAL Estimated Property Value2001 Persa St, Houston, TX, 77019
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Electric Oven, Oven, Electric Cooktop, Electric Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringStone, Wood
Exterior
Lot Size6,003 sqft
Building Information
Year Built2022
Garage Spaces2
Land Information
APN0622020040016
Lot Number16
SubdivisionMelanie Court
Land UseResidential
Legal DescriptionLT 16 BLK 4 MELANIE COURT
Census Tract411100
Assessed Land Value$806,438
Assessed Improvement Value$1,075,462
Assessment Year2025
About this property
Buy now and build your dream home later! Rare opportunity to purchase 6000 square foot lot in heart of River Oaks area. Great walkability to restaurants and shops. Charming home has two bedrooms and two full baths with large family room in addition to formal living and dining rooms. Gorgeous oak trees on the lot and plenty of space to design your dream home! Don't miss this very rare opportunity.
Investor Tools
$1,881,900
Estimated Property Value
$481,493Estimated Mortgage Balance
$1,400,407Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,291 /month
Positive
Cash Flow Estimate:
$3,764 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,198/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$28,971
$1,881,900
2025
$806,438
$1,075,462
$1,881,900
No
Tax History
Year
Tax Paid
Assessed Value
2024
$28,971
$1,881,900
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Central Bank
Stand Alone Second / Subordinate Position
$510,400
No
First
Apr 4, 2023
Apr 2043
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$481,493
$1,400,407
74%
26%
$3,061/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,061/mo
$-481/mo
1.6%
