13Days on Market

1view

$365,000

2022 Ladin Drive, Houston, TX, 77039

On Market

Just Added

3 Beds

2 Bath

2,143 Sq Ft

Single Family Residence

$170.32 / sqft

Built in 1960

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating

AppliancesENERGY STAR Qualified Appliances, Water Heater, Convection Oven, Gas Oven, Oven, Refrigerator, Washer

FlooringLaminate

Exterior

Lot Size22,799 sqft

Building Information

Year Built1960

Garage Spaces2

Land Information

APN0250460040010

Lot Number10,11

SubdivisionMagnolia Gardens - Aldine

Land UseResidential

Legal DescriptionLTS 10 & 11 BLK 4 MAGNOLIA GARDENS - ALDINE

Census Tract222900

Assessed Land Value$91,200

Assessed Improvement Value$165,618

Assessment Year2025

About this property

2 HOMES- Beautifully renovated Homes, Primary home has been completely renovated starting with the home being leveled & Repaired with termite shields, new sistered 2x8 floor joist and replaced 4x6 beams as needed, new double 3/4 plywood subfloor w/ tyvek moisture barrier, new Gray laminate flooring, new Timberline charcoal shingle roof, new American windows w/screens, new insulated doors, new exterior -interior Electrical, new PEX plumbing, new ground PVC schedule 40 plumbing in to septic, new sheetrock, new Thin Q LG refrigerator & Stove. Both bathrooms are completely new, new interior-exterior doors, new quartz kitchen counters, new Tankless water heater, 150ft water well, Conv Septic, NEW HVAC DUCTS ECT NO FLOOD*NO HOA*NO ZONING. MOTIVATED SELLER READY FOR MOVE -IN ** AMAZING** CALL TO Schedule your showing today or reach out for more information on this fantastic opportunity..

Investor Tools

$379,000

Estimated Property Value

$0Estimated Mortgage Balance

$325,036Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,274 /month

Positive

Cash Flow Estimate:

$758 /month

Interested in this property?

Ronald Graham

Renovator Realty

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$351/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,313

$256,818

2025

$91,200

$165,618

$256,818

Tax History

Year

Tax Paid

Assessed Value

2024

$2,313

$256,818

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

American Financing Corp

Conventional

$61,500

First

Mar 17, 2020

Apr 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$53,964

$325,036

85%

14%

$369/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$369/mo

+$1,353/mo

5.5%

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