$705,791
NAL Estimated Property Value2311 Addison Rd, Houston, TX, 77030
Recently Sold
8/04/26
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Microwave, Electric Cooktop, Refrigerator, Dishwasher
Exterior
Lot Size6,050 sqft
Building Information
Year Built1940
Stories1
Land Information
APN0600440070022
Lot Number22
SubdivisionWindermere
Land UseResidential
Legal DescriptionLT 22 BLK 7 WINDERMERE
Census Tract412202
Assessed Land Value$705,691
Assessed Improvement Value$100
Assessment Year2025
About this property
Fully furnished rental with utilities included Situated just blocks away from the Texas Medical Center and the world-renowned MD Anderson Cancer Center, making your commute a matter of minutes. Rice University’s stunning, tree-lined campus is equally close, perfect for morning walks or academic visits. You are also a short stroll from Rice Village, Houston’s premier destination for high-end boutique shopping, cozy coffee shops, and world-class dining.
Investor Tools
$705,791
Estimated Property Value
$0Estimated Mortgage Balance
$705,791Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,235 /month
Positive
Cash Flow Estimate:
$1,412 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,207/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,953
$705,791
2025
$705,691
$100
$705,791
No
Tax History
Year
Tax Paid
Assessed Value
2024
$10,953
$705,791
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$866,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,770/mo
N/A
+$1,770/mo
3.0%
