4view

Owner Contacts

$230,000

NAL Estimated Property Value

2111 Millhouse Rd, Houston, TX, 77073

Off Market

4 Beds

2 Bath

1,831 Sq Ft

$120.15 / sqft

Built in 1972

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher

FlooringWood

Exterior

Lot Size7,349 sqft

Building Information

Year Built1972

Stories1

Garage Spaces2

Land Information

APN1041140000004

SubdivisionMemorial Hills

Land UseResidential

Legal DescriptionTRS 4 & 5A BLK 17 MEMORIAL HILLS SEC 4 R/P

Census Tract240802

Assessed Land Value$42,914

Assessed Improvement Value$184,493

Assessment Year2025

About this property

Welcome home to this immaculate soft modern, one story, four bedroom home featuring 4Bedrooms, 2Full Baths, Formal living, and Formal dining w/beautiful natural lighting throughout entire home. This lovely home has waterproof laminate flooring throughout the entire house. Spacious kitchen w/ custom wood cabinets, and beautiful granite counter tops. The primary bedroom is the perfect size w/an en-suite bathroom featuring open vanity, tub/shower combo, and walk-in closet. This home is located conveniently off Hardy Tollroad and 1960, inside the admired Memorial Hills neighborhood which has a community walking trails, and pool.

Investor Tools

$230,000

Estimated Property Value

$190,408Estimated Mortgage Balance

$39,592Estimated Equity

17% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,380 /month

Positive

Cash Flow Estimate:

$460 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$256/month

$350/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,923

$227,407

2025

$42,914

$184,493

$227,407

Tax History

Year

Tax Paid

Assessed Value

2024

$1,923

$227,407

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

East West Bank

Conventional

$208,905

First

Sep 8, 2021

Oct 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$190,408

$40,592

17%

83%

$1,253/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$1,603/mo

+$623/mo

11.6%

Learn About the Market: Opportunity in Houston

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