$462,800
NAL Estimated Property Value215 Mitchell Road, Houston, TX, 77037
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesConvection Oven, Electric Oven, Oven, Gas Cooktop
FlooringTile
Exterior
Lot Size3.22 acres
Building Information
Year Built1981
Stories1
Garage Spaces1
Land Information
APN0450510000035
Land UseResidential
Legal DescriptionTRS 2D & 2F-1 ABST 747 G SULTZBAUGH
Census Tract221702
Assessed Land Value$270,943
Assessed Improvement Value$191,857
Assessment Year2025
About this property
Located less than 5-min from I-45 & the Hardy, 20-min from Downtown & IAH, and 25-min to The Woodlands, this spacious ranch-style home on 3.22 acres is a perfect opportunity for you and your family to set down roots! Featuring a recently remodeled kitchen with granite counters and a rolling island, tile floors, large bedrooms, 2 massive living areas, a gorgeous pool & spa, a large covered patio with plenty of space to play, and a backup generator, the sky's the limit when looking to make it your own! Call your preferred agent for a showing today!
Investor Tools
$462,800
Estimated Property Value
$0Estimated Mortgage Balance
$462,800Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,947 /month
Positive
Cash Flow Estimate:
$1,649 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$774/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,979
$462,800
2025
$270,943
$191,857
$462,800
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,979
$462,800
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$462,800
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
4.5%
