$226,713
NAL Estimated Property Value2117 Ladin Drive, Houston, TX, 77039
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
Exterior
Lot Size11,848 sqft
Building Information
Year Built1956
Stories1
Land Information
APN0250460020012
Lot Number12
SubdivisionMagnolia Gardens - Aldine
Land UseResidential
Legal DescriptionLT 12 BLK 2 MAGNOLIA GARDENS - ALDINE
Census Tract222900
Assessed Land Value$47,400
Assessed Improvement Value$179,313
Assessment Year2025
About this property
Investment property in need of a handyman to come and convert it into his dream home, with almost 12,000 Sqft of land imagine all the possibilities, everything you can do here. Take advantage of this opportunity you don't find houses at this price anymore.
Investor Tools
$226,713
Estimated Property Value
$261,382Estimated Mortgage Balance
$226,713Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,360 /month
Positive
Cash Flow Estimate:
$453 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$265/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,042
$226,713
2025
$47,400
$179,313
$226,713
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,042
$226,713
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
L&J Real Estate Llc
Stand Alone Second / Subordinate Position
$200,000
No
First
Oct 27, 2022
Nov 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$261,382
N/A
0%
115%
$1,680/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,680/mo
+$42/mo
9.1%
