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$620,000

NAL Estimated Property Value

231 W Norma St, Houston, TX, 77009

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,200 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.25 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,773 sqft

Building Information

Year Built2013
Garage Spaces1

Land Information

APN1338040010011
Lot Number11
SubdivisionWeekley At Beauchamp
Land UseResidential
Legal DescriptionLT 11 BLK 1 WEEKLEY AT BEAUCHAMP
Census Tract510301
Assessed Land Value$177,400
Assessed Improvement Value$304,291
Assessment Year2025

About this property

Built in 2013, this elegant, free-standing David Weekley home is right across the street from Travis Elementary! Located in the charming, historic Woodland Heights, just walking a dog or going for a jog can be a very pleasant experience! Features large primary suite, private back yard green space with patio, high ceilings, crown molding, 2 car attached garage, gated entry, and a balcony that opens off the living room. Formal dining and living rooms. Secondary bedroom & utility/laundry are close to primary bedroom on third floor. Large downstairs bedroom has space for a sitting area or study. All 3 bedrooms have large closets & ensuite baths. Huge, open kitchen has granite counters, SS appliances, and a large kitchen island. Living area on second floor has handsome, dark hardwoods throughout.

Investor Tools

Property Icon
$620,000
Estimated Property Value
$552,810Estimated Mortgage Balance
$67,190Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,720 /month
Positive
Cash Flow Estimate:
$1,240 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,093/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,013
$481,691
2025
$177,400
$304,291
$481,691
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,013
$481,691

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$301,545
No
First
Dec 17, 2021
Jan 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$552,810
$42,190
7%
89%
$3,616/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,616/mo
$-1,894/mo
3.3%

City: Houston

231 W Norma St | Property Details | No Agent List