$222,000
NAL Estimated Property Value2203 Dorrington Street 304, Houston, TX, 77030
Off Market
Property Lead Type:
Off-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher
Exterior
Exterior FeaturesBalcony
Building Information
Year Built2008
Land Information
APN1268580000027
SubdivisionSerento Condo Amend
Land UseResidential
Legal DescriptionUNIT 304 .0191 INT COMMON LAND & ELE SERENTO CONDO 2ND AMEND
Census Tract412201
Assessed Land Value$41,998
Assessed Improvement Value$179,043
Assessment Year2025
About this property
Fresh, clean and move in ready, this spacious unit is located close to the Houston Medical Center. Enjoy the open floor concept, spacious primary bedroom, bathroom and walk-in closet. Views of the downtown skyline can be seen from the balcony. Wood floor flooring throughout, granite countertops in the kitchen and stainless steel appliances.
Investor Tools
$222,000
Estimated Property Value
$135,777Estimated Mortgage Balance
$86,223Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,332 /month
Positive
Cash Flow Estimate:
$444 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$329/month
$380/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,838
$221,041
2025
$41,998
$179,043
$221,041
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,838
$221,041
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$151,000
No
First
Feb 10, 2021
Mar 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$135,777
$86,223
38%
61%
$906/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,480/mo
$1,286/mo
+$194/mo
8.0%
