Last 24 Hours
$456,000
NAL Estimated Property Value2215 Bingle Road, Houston, TX, 77055
Off Market
4 Beds
3 Bath
2,143 Sq Ft
$279.28 / sqft
Built in 1955Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
Bedrooms 4
Bathrooms Full 2
Garage Available
Heating Central
CoolingAppliancesDisposal, Gas Oven, Free-Standing Range, Gas Range, Dishwasher, Oven
FlooringCarpet, Tile, Vinyl
Exterior
Lot Size17,398 sqft
Building Information
Year Built1955
Stories1
Garage Spaces1
Land Information
APN0460400010047
Land UseResidential
Legal DescriptionTR 47 WRIGHT LOAN & SECURITIES CO UR ABST 941 T D YOCUM
Census Tract521300
Assessed Land Value$208,800
Assessed Improvement Value$133,687
Assessment Year2025
About this property
NO RESTRICTIONS. Perfect for Retail/ Office/ Townhomes/ or other Commercial use. High Visibility with 27,662 traffic count at the corner of Bingle Road and Emnora Lane. Higher traffic count than many signalized intersections in Spring Branch. Existing structures: front OFFICE/ RETAIL converted from Home, WAREHOUSE, and SHED in back with 220 electrical installed. The home is in good condition, used as a commercial office leased to multiple businesses in the past. SIGNAGE in front is highly visible, see pictures and drive-by, your business will have tons of success here!! The property will be sold as-is. Buyers can continue to use existing structures or develop.
Investor Tools
$456,000
Estimated Property Value
$37,774Estimated Mortgage Balance
$418,226Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,591 /month
Positive
Cash Flow Estimate:
$1,197 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$502/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,740
$342,487
2025
$208,800
$133,687
$342,487
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,740
$342,487
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Houston Federal Credit Union
Credit Line (Revolving) / Heloc
$60,000
No
First
Nov 5, 2010
Dec 2030
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$37,774
$418,226
91%
8%
$360/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$360/mo
+$1,362/mo
4.5%
12.4%