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$430,000

230 Busch St, Houston, TX, 77060

On MarketInfo
Beds3 Beds
Baths7 Bath
Baths1,392 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$308.91 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size25,204 sqft

Building Information

Year Built1950
Garage Spaces4

Land Information

APN0710550030138
Lot Number138,139
SubdivisionNorthfield Place
Land UseResidential
Legal DescriptionLTS 138 & 139 BLK 3 NORTHFIELD PLACE
Census Tract222402
Assessed Land Value$126,000
Assessed Improvement Value$84,598
Assessment Year2025

About this property

This unrestricted lot presents a unique investment opportunity, featuring four properties just minutes from major highways like I-45 and Beltway 8. The main house boasts 3 bedrooms and 2 baths with an open-concept layout perfect for entertaining. Enjoy the added benefit of 6 septic tanks, ensuring no issues, along with 2 water wells and 4 separate electric meters. Additionally, three manufactured homes are currently leased, generating immediate income. Don't miss out on this versatile and profitable property!

Investor Tools

$24,267Estimated Mortgage Balance
$213,733Estimated Equity
89% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,580 /month
Positive
Cash Flow Estimate:
$860 /month

Interested in this property?

Raul Quintanilla

Jose Garza Agency

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$183/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,008
$210,598
2025
$126,000
$84,598
$210,598
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,008
$210,598

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New Century Mortgage Corp
Unknown
$57,000
No
First
Mar 4, 2005
Apr 2015

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$24,267
$213,733
89%
10%
$342/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$342/mo
+$965/mo
6.6%

City: Houston

230 Busch St | Property Details | No Agent List