$1,025,000
NAL Estimated Property Value223 Portland St, Houston, TX, 77006
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Convection Oven, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringStone, Tile, Wood
Exterior
Lot Size2,919 sqft
Building Information
Year Built2014
Garage Spaces2
Land Information
APN1347550010001
Lot Number1
Land UseResidential
Legal DescriptionLT 1 BLK 1 PORTLAND AVENUE TERRACE AMEND
Census Tract411902
Assessed Land Value$248,545
Assessed Improvement Value$738,510
Assessment Year2025
About this property
Cutting edge 4 story contemporary home, fully furnished, including all pots, pans, dishes, and linens, available for lease for July 1, 2021 - August 31, 2021. No pets allowed. Thermadore appliances. Garage parking for 1 car and plenty of street parking. View of Downtown from the balcony. All utilities (electricity, gas, cable, wifi, water, and trash, and yard maintenance) will be included for an additional $200 per month.
Investor Tools
$1,025,000
Estimated Property Value
$90,473Estimated Mortgage Balance
$934,527Estimated Equity
92% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,150 /month
Positive
Cash Flow Estimate:
$2,050 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,335/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,899
$987,055
2025
$248,545
$738,510
$987,055
No
Tax History
Year
Tax Paid
Assessed Value
2024
$10,899
$987,055
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primeway Fcu
Non-Purchase Money Mortgage / Home Equity
$91,000
No
First
Jan 21, 2026
Feb 2036
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$90,473
$1,181,527
92%
9%
$546/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$546/mo
+$2,034/mo
3.0%
