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$238,000

NAL Estimated Property Value

230 Busch St, Houston, TX, 77060

$239,391 ARVInfo
Off MarketInfo
Beds3 Beds
Baths7 Bath
Baths1,392 Sq Ft
price_per_sqft$312.5 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

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

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

Unlock the potential of 230 Busch Street, a prime income-generating property in Houston's 77060 area. Situated on a spacious 25200 sq ft lot, this investment includes a 1392 sq. ft main home with 3 bedrooms and 2 bathrooms, plus three fully rented mobile homes, all generating income. Breakdown of Mobile homes: Mobile Home#1: 3 bedrooms; Mobile Home #2: 2 bedrooms; Mobile Home #3: 2 bedrooms. Designed for sustainability, low-cost operations, the property features six septic tanks and two water wells, reducing utility expenses and maximizing profitability. Conveniently located in Aldine, near major highways, shopping, and employment hubs, this turnkey asset provides immediate cash flow with long-term appreciation potential. The expansive lot also allows for future development or additional rental units, offering multiple ways to increase ROI. a rare opportunity to acquire a fully rented, income-producing property.

Investor Tools

Property Icon
$238,000
Estimated Property Value
$24,267Estimated Mortgage Balance
$213,733Estimated Equity
89% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$239,390
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,610 /month
Positive
Cash Flow Estimate:
$870 /month

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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
$201,733
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