$286,000
NAL Estimated Property Value217 Cockerel St, Houston, TX, 77018
Off Market
Commercial
Highlights
Interior
Exterior
Lot Size4,400 sqft
Building Information
Year Built1920
Land Information
APN0640490020013
Lot Number13
SubdivisionNorthmore
Land UseResidential
Legal DescriptionLT 13 BLK 2 NORTHMORE
Census Tract530600
Assessed Land Value$133,056
Assessed Improvement Value$76,430
Assessment Year2025
About this property
Great opportunity to purchase income producing Triplex in the heart of the growing Independence Heights area. Part of a larger portfolio which the seller is allowing the sale of individual portions. Do not miss this opportunity. FAQ: Occupancy?: 100% Occupied. What are the Rents?: Unit A $1,375 per month/Unit B $650 per month/Unit C $653 Per month. Are Rents current? YES. Do tenant pay utilities? Yes. Tenants pay their own utilities. Owner Pays Insurance & Taxes No showings without a contract. Please Do Not Disturb Tenants.
Investor Tools
$286,000
Estimated Property Value
$258,627Estimated Mortgage Balance
$27,373Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,716 /month
Positive
Cash Flow Estimate:
$572 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$500/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,575
$209,486
2025
$133,056
$76,430
$209,486
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,575
$209,486
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pmac Lending Services Inc
Conventional
$259,000
No
First
Apr 16, 2026
May 2056
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,627
$31,373
10%
90%
$1,553/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,553/mo
+$169/mo
7.2%
