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$403,000

NAL Estimated Property Value

2009 Fletcher St Fl Etcher, Houston, TX, 77009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,482 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.32 / sqft
Year BuiltBuilt in 1928

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
FlooringVinyl, Wood

Exterior

Lot Size4,500 sqft

Building Information

Year Built1928
Stories1

Land Information

APN0032170000028
Lot Number28
SubdivisionAllen A C
Land UseResidential
Legal DescriptionLT 28 BLK 53 ALLEN A C
Census Tract212300
Assessed Land Value$175,500
Assessed Improvement Value$199,423
Assessment Year2025

About this property

This diamond in the rough is ready for its next owner. Conveniently located minutes from Downtown Houston, Rice Military and Sawyer Heights -- the marketability for this property is GREAT for your prospective Buyer(s) once rehabbed/remodeled. Home currently presents as a 1 bed/1 bath duplex but combining the floor plan into a single family residential home may be something for an investor to consider.

Investor Tools

Property Icon
$403,000
Estimated Property Value
$292,237Estimated Mortgage Balance
$110,763Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,418 /month
Positive
Cash Flow Estimate:
$806 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$816/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,775
$374,923
2025
$175,500
$199,423
$374,923
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,775
$374,923

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$308,720
No
First
Jun 23, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$292,237
$96,763
24%
73%
$1,851/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,851/mo
$-544/mo
3.9%

City: Houston

2009 Fletcher St Fl Etcher | Property Details | No Agent List