$599,000
2205 Marnel Road, Houston, TX, 77055
On Market
Property Lead Type:
High EquityCash Buyers
Highlights
Interior
Exterior
Lot Size13,199 sqft
Building Information
Year Built1934
Stories1
Garage Spaces2
Land Information
APN0731720110015
Lot Number15
SubdivisionYocum Gardens R/P
Land UseResidential
Legal DescriptionLT 15 BLK 11 YOCUM GARDENS R/P
Census Tract520601
Assessed Land Value$121,200
Assessed Improvement Value$101,935
Assessment Year2025
About this property
This property offers a large lot, perfect location in the heart of Spring Branch. The main residence offers 3 spacious bathrooms and 3 full bathrooms. The layout is both practical and inviting with abundant natural light, and what truly set this apart is the detached garage conversion, which has been fully transformed into a secondary living space with 3 bedrooms and 1 and a half bath. Home is occupied.
Investor Tools
$0Estimated Mortgage Balance
$360,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$264/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,371
$223,135
2025
$121,200
$101,935
$223,135
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,371
$223,135
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$360,000
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
5.7%
