$440,694
NAL Estimated Property Value2122 De Soto St, Houston, TX, 77091
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
Exterior
Lot Size43,142 sqft
Building Information
Year Built1940
Stories1
Land Information
APN0551820000003
Lot Number3
SubdivisionHighland Heights Annex
Land UseResidential
Legal DescriptionLT 3 BLK 15 HIGHLAND HEIGHTS ANNEX SEC 2
Census Tract531800
Assessed Land Value$396,925
Assessed Improvement Value$43,769
Assessment Year2025
About this property
Almost 1 acre in the rapidly emerging Acres Homes community. Property includes 2 bedroom main house plus 1 bedroom secondary unit. Surrounded by new development, minutes from Downtown, Heights and less than 20 minutes from IAH airport. Multiple exit strategies, including generating income to cover holding costs while building plans are getting approved...or hold while area continues to appreciate. According to architect 16 homes could be built, which should be verified by buyer. Current tenant pays $1700/month
Investor Tools
$440,694
Estimated Property Value
$397,672Estimated Mortgage Balance
$43,022Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$637/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,445
$440,694
2025
$396,925
$43,769
$440,694
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,445
$440,694
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nfm Inc
Conventional
$404,800
No
First
May 2, 2025
May 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$397,672
$43,022
9%
90%
$2,427/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,427/mo
$-705/mo
4.7%
