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$456,000

NAL Estimated Property Value

2215 Bingle Road, Houston, TX, 77055

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,143 Sq Ft
price_per_sqft$279.28 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, 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

Property Icon
$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

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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%

Learn About the Market: Opportunity in Houston

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Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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2215 Bingle Road | Property Details | No Agent List