$198,000
NAL Estimated Property Value2111 Jean Street, Houston, TX, 77023
Off Market
Property Lead Type:
High Equity
Highlights
Interior
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Refrigerator
FlooringCarpet, Tile
Exterior
Lot Size6,299 sqft
Building Information
Year Built1940
Stories1
Garage Spaces1
Land Information
APN0670640120003
Lot Number3
SubdivisionTelephone Road Place
Land UseResidential
Legal DescriptionLT 3 BLK 12 TELEPHONE ROAD PLACE SEC 2
Census Tract311900
Assessed Land Value$135,300
Assessed Improvement Value$36,096
Assessment Year2025
About this property
Location Location Location! This cute bungalow is right in the revitalizing area of Telephone Road. Walking distance to University of Houston and Smither Park! Close to I-45 and I-69 Minutes to Hobby Airport and shopping. Buy and hold, or tear down and build, Homes are selling for almost $500k on the same street.
Investor Tools
$198,000
Estimated Property Value
$131,499Estimated Mortgage Balance
$66,501Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$387/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,651
$171,396
2025
$135,300
$36,096
$171,396
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,651
$171,396
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$144,000
No
First
Oct 6, 2021
Nov 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$131,499
$66,501
33%
66%
$864/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$864/mo
+$443/mo
7.9%
