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Owner Contacts

$615,000

NAL Estimated Property Value

204 Delano St, Houston, TX, 77003

Off Market

4 Beds

4 Bath

2,464 Sq Ft

Single Family Residence

$1.79 / sqft

Built in 1928

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Gas Range, Dishwasher

Exterior

Private Pool

Lot Size5,001 sqft

Building Information

Year Built1928

Stories1

Garage Spaces1

Land Information

APN0322000000026

Lot Number26

SubdivisionSettegast

Land UseResidential

Legal DescriptionLT 26 SETTEGAST SEC 3

Census Tract310101

Assessed Land Value$210,000

Assessed Improvement Value$405,000

Assessment Year2025

About this property

POOL with maintenance included - PLUS 300 SQ FT STUDIO WITH KITCHENETTE! Home was fully remodeled into a modern farmhouse with 4 bedrooms and 3.5 bathrooms. Ready for immediate move in. This home is just a few minutes from downtown, and very near the medical center, Midtown, Upper Kirby, Heights, and so much more! ALL pictured appliances will stay, including fridge, washer, and dryer, plus mini-fridge, mattresses, futon sofa and tv in Guesthouse. All window coverings (shades, curtains, etc), and all the mounted televisions will be left in the house, which include the living room tv, and small tv mounted in kitchen. EaDo is full of popular restaurants, bars, parks, and even the professional soccer stadium. Settegast Park and the Esplanade on Navigation are just minutes away. Owner will provide the following maintenance: pool maintenance, landscaping, and pest control.

Investor Tools

$615,000

Estimated Property Value

$454,079Estimated Mortgage Balance

$160,921Estimated Equity

26% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,690 /month

Positive

Cash Flow Estimate:

$1,230 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$884/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,539

$615,000

2025

$210,000

$405,000

$615,000

Tax History

Year

Tax Paid

Assessed Value

2024

$7,539

$615,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Verus Residential Loanco Llc

Conventional

$460,125

First

Aug 11, 2025

Sep 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$454,079

$160,921

26%

74%

$2,759/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,710/mo

$2,759/mo

$-49/mo

5.3%

Learn About the Market: Opportunity in Houston

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