$269,000
NAL Estimated Property Value212 N Hutcheson St, Houston, TX, 77003
Off Market
Property Lead Type:
Absentee OwnerMove-In Ready
Highlights
Interior
AppliancesDryer, Refrigerator, Washer
Exterior
Lot Size4,230 sqft
Building Information
Year Built1940
Garage Spaces1
Land Information
APN0260630000008
Lot Number8
SubdivisionMerkels
Land UseResidential
Legal DescriptionLT 8 BLK 5 MERKELS SEC 1
Census Tract310101
Assessed Land Value$170,258
Assessed Improvement Value$81,513
Assessment Year2025
About this property
Located just 1.5 miles south of downtown, this newly remodeled property offers a 2 bedroom/ 1 bathroom home with a 1 bedroom/ 1 bathroom garage apartment with convenient amenities including washer, dryer, and fridge. Built in 1940 on a 4230 square foot lot this bungalow is a must ssee. The Ideal for those seeking a charming and well-equipped living space in a prime location easy to get to any part of Houston. The carport offers covered parking for multiple vehicles.
Investor Tools
$269,000
Estimated Property Value
$284,949Estimated Mortgage Balance
$269,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,614 /month
Positive
Cash Flow Estimate:
$538 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$551/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,268
$251,771
2025
$170,258
$81,513
$251,771
Yes (2023)
Tax History
Year
Tax Paid
Assessed Value
2024
$5,268
$251,771
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Joel Benjamin Lazo
Unknown
$300,000
No
First
Aug 15, 2023
Aug 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$284,949
N/A
0%
106%
$1,799/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,590/mo
$1,799/mo
$-209/mo
7.1%
