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$79,000

NAL Estimated Property Value

2305 Spence St, Houston, TX, 77093

$102,700 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,878 Sq Ft
price_per_sqft$42.55 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,475 sqft

Building Information

Year Built1940
Stories1
Garage Spaces4

Land Information

APN0670710010034
Lot Number34
SubdivisionWestcott Place
Land UseResidential
Legal DescriptionLT 34 BLK 1 WESTCOTT PLACE SEC 1
Census Tract220702
Assessment Year2025

About this property

Showings begin on Saturday at 9am. Home was slightly shifted off of its foundation during Hurricane Beryl. Please use caution when entering the property and walking on the front porch.

Investor Tools

Property Icon
$79,000
Estimated Property Value
$0Estimated Mortgage Balance
$79,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$102,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$479 /month
Positive
Cash Flow Estimate:
$160 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$191/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,894
N/A
2025
N/A
N/A
N/A
Yes (2021)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,894
N/A

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Chase Manhattan Bk
Credit Line (Revolving) / Heloc
$42,000
No
First
N/A
Nov 2015

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$79,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
N/A
+$2,226/mo
33.8%

City: Houston

2305 Spence St | Property Details | No Agent List