$282,320
NAL Estimated Property Value2203 Dorrington St Apt 405, Houston, TX, 77030
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDisposal, Microwave, Dishwasher
Building Information
Year Built2008
Land Information
APN1268580000039
SubdivisionSerento Condo Amend
Land UseResidential
Legal DescriptionUNIT 405 .0245 INT COMMON LAND & ELE SERENTO CONDO 2ND AMEND
Census Tract412201
Assessed Land Value$53,641
Assessed Improvement Value$228,679
Assessment Year2025
About this property
Fabulous condo on the 4th floor. Wood laminate floors in main living area Nice corner balcony. This is an corner so it has a lot of natural light. Great roommate plan. Bedrooms are located at either end of the unit. Washer, dryer and refrigerator inc. a nice writing desk . Huge Master bedroom closet, double sinks, tub and separate shower. Walk to med center, rice U and rice Village.
Investor Tools
$282,320
Estimated Property Value
$204,289Estimated Mortgage Balance
$78,031Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,694 /month
Positive
Cash Flow Estimate:
$565 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$610/month
$568/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,907
$282,320
2025
$53,641
$228,679
$282,320
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,907
$282,320
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Yihe Xu Etal
Unknown
$280,000
No
First
Mar 24, 2014
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,289
$78,031
27%
72%
$1,679/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,770/mo
$2,247/mo
$-477/mo
7.5%
