$203,000
NAL Estimated Property Value2311 Wavell St, Houston, TX, 77088
Off Market
Property Lead Type:
Absentee OwnerMove-In Ready
Highlights
Interior
Exterior
Lot Size7,440 sqft
Building Information
Year Built1950
Stories1
Garage Spaces1
Land Information
APN0661090050016
Lot Number16
SubdivisionHighland Gardens
Land UseResidential
Legal DescriptionLT 16 BLK 5 HIGHLAND GARDENS SEC 2
Census Tract533402
Assessed Land Value$71,232
Assessed Improvement Value$37,712
Assessment Year2025
About this property
Don't miss out on this fully renovated single-family home in the Acres Homes neighborhood! New flooring, kitchen, and updated bathrooms, plus a new roof and HVAC. With a 7,440 sqft lot, your outdoor dreams are endless! Be part of the area's growth and seize this prime opportunity!
Investor Tools
$203,000
Estimated Property Value
$204,453Estimated Mortgage Balance
$203,000Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$199/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,372
$108,944
2025
$71,232
$37,712
$108,944
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,372
$108,944
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loan Funder Llc Series 111926
Commercial
$206,250
No
First
Nov 17, 2025
Dec 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,453
$10,547
4%
101%
$1,237/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,237/mo
+$485/mo
10.2%
