$321,000
NAL Estimated Property Value2226 Paso Rello Dr, Houston, TX, 77077
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringTile
Exterior
Lot Size5,001 sqft
Building Information
Year Built1980
Stories1
Garage Spaces2
Land Information
APN1135580000045
Lot Number45
SubdivisionBriar Wood
Land UseResidential
Legal DescriptionLT 45 BLK 1 BRIAR WOOD SEC 1
Census Tract451406
Assessed Land Value$77,500
Assessed Improvement Value$243,375
Assessment Year2025
About this property
Beautiful 3 bedroom 2 bath home in a quiet neighborhood! Home has a great layout and is perfect for entertaining. The large, open kitchen has ample counter space for cooking and island seating. The kitchen and dining area have views of the courtyard and the kitchen, living area, and primary bedroom have views of the patio. Easy access to Westheimer, Eldridge, or Dairy Ashford.
Investor Tools
$321,000
Estimated Property Value
$238,031Estimated Mortgage Balance
$82,969Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,926 /month
Positive
Cash Flow Estimate:
$642 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$475/month
$600/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,089
$320,875
2025
$77,500
$243,375
$320,875
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,089
$320,875
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$261,155
No
First
Sep 22, 2021
Oct 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$238,031
$82,844
25%
74%
$1,566/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$2,166/mo
+$64/mo
8.3%
