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$225,970

NAL Estimated Property Value

2022 Palo Alto St, Houston, TX, 77023

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,476 Sq Ft
price_per_sqft$135.5 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Range
FlooringWood

Exterior

Lot Size6,543 sqft

Building Information

Year Built1950
Stories1
Garage Spaces2

Land Information

APN0690610010010
Lot Number10
SubdivisionLawndale Estates
Land UseResidential
Legal DescriptionLT 10 BLK 1 LAWNDALE ESTATES
Census Tract311200
Assessed Land Value$123,909
Assessed Improvement Value$102,061
Assessment Year2025

About this property

This is the opportunity that you have been waiting for. Welcome to your nearly 1500 sq ft home on a beautiful lot, in the ultra-desirable and rapidly redeloping Inner-Loop community of Lawndale Estates, located only five mile Southeast of Downtown Houston, with quick and easy access to I-45 and the 610 Loop. Just a half-mile stroll or bike ride to the serene and breathtaking 104-Acre Mason Park, located at the site of the meeting of Buffalo Bayou and Brays Bayou. Enjoy all Mason Park has to offer, like the area pool with slides, disk golf, basketball, playgrounds, soccer and baseball fields, dog park, and manicured trails including the stunning Mason Park Bridge. This is a rare opportunity to purchase a home in the perfect location, with plenty of room in the budget to create your vision and add value. Contact Brandon Newton for a private viewing today.

Investor Tools

Property Icon
$225,970
Estimated Property Value
$394,348Estimated Mortgage Balance
$225,970Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,356 /month
Positive
Cash Flow Estimate:
$452 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$488/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,728
$225,970
2025
$123,909
$102,061
$225,970
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,728
$225,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Park Place Finance Llc
Building Or Construction Loan
$199,500
No
First
Sep 3, 2025
Oct 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$394,348
N/A
0%
175%
$2,394/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$2,394/mo
$-1,087/mo
6.9%

City: Houston

2022 Palo Alto St | Property Details | No Agent List