$795,487
NAL Estimated Property Value2135 Bauer Drive, Houston, TX, 77080
Off Market
Property Lead Type:
High Equity
Highlights
Interior
AppliancesElectric Range
Exterior
Lot Size27,482 sqft
Building Information
Year Built1955
Stories1
Garage Spaces2
Land Information
APN0751250000145
SubdivisionNeuen Manor
Land UseResidential
Legal DescriptionTR 145B & TR 5G-1 ABST 219 M CRONICAN NEUEN MANOR
Census Tract521300
Assessed Land Value$714,506
Assessed Improvement Value$80,981
Assessment Year2025
About this property
A Developer’s Dream! Endless possibilities await at this rare opportunity in a rapidly growing area. Whether you’re looking to develop, build your dream home, this property offers the perfect canvas. Currently featuring a house that can be remodeled for restoration or torn down to start fresh, the lot provides flexibility for builders, investors, or anyone wanting to create their ideal space. Don’t miss your chance to secure property with so much upside in a highly desirable location!
Investor Tools
$795,487
Estimated Property Value
$279,126Estimated Mortgage Balance
$516,361Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,773 /month
Positive
Cash Flow Estimate:
$1,591 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$803/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,660
$795,487
2025
$714,506
$80,981
$795,487
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,660
$795,487
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Commodore Mortgage Llc
Conventional
$290,000
No
First
Apr 8, 2024
May 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$279,126
$516,361
64%
35%
$1,739/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,739/mo
$-17/mo
2.6%
