$466,000
NAL Estimated Property Value2415 Cleburne St, Houston, TX, 77004
Off Market
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDisposal, Electric Oven, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringTile, Wood
Exterior
Lot Size5,776 sqft
Building Information
Year Built1935
Stories2
Land Information
APN0611480000019
Lot Number19
SubdivisionWashington Terrace
Land UseResidential
Legal DescriptionLT 19 BLK 9 WASHINGTON TERRACE WASHINGTON TERRACE
Census Tract312700
Assessed Land Value$187,425
Assessed Improvement Value$246,436
Assessment Year2025
About this property
Updated first floor unit of a two unit duplex. Close to everything, minuets from the Medical Center, UH, TSU, newly renovated Emancipation Park and much much more. Home has been updated with Granite in the kitchen, hardwood floors throughout, updated bath. Cozy back yard and gated parking for two cars per tenant. Gated Driveway Parking. Contact agent with any questions. Listing Realtor is the Owner.
Investor Tools
$466,000
Estimated Property Value
$274,585Estimated Mortgage Balance
$191,415Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,796 /month
Positive
Cash Flow Estimate:
$932 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$670/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,707
$433,861
2025
$187,425
$246,436
$433,861
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,707
$433,861
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Fha
$279,837
Yes
First
Jul 31, 2019
Aug 2049
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,585
$249,415
47%
59%
$1,893/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,893/mo
+$333/mo
5.7%
