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$169,000

NAL Estimated Property Value

2478 Druid St, Houston, TX, 77091

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,137 Sq Ft
price_per_sqft$149.52 / sqft
Year BuiltBuilt in 1940

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
HeatingHeating

Exterior

Lot Size7,501 sqft

Building Information

Year Built1940
Stories1

Land Information

APN0162720090040
Lot Number40
SubdivisionHighland Acre Home Anx
Land UseResidential
Legal DescriptionLT 40 BLK 9 HIGHLAND ACRE HOME ANX SEC 5
Census Tract531900
Assessed Land Value$79,025
Assessed Improvement Value$41,591
Assessment Year2025

About this property

A PRIME INVESTMENT OPPORTUNITY IN HOUSTON This centrally located property is now an even better deal! Just minutes from Downtown Houston and IAH Airport, with easy access to Hwy 45, Hwy 610, and Hwy 290, this is an investor’s dream. Full Rehab or Tear Down – Endless Potential! Whether you’re looking to renovate or start fresh with a new development, this lot offers incredible opportunities in a high-demand area. Price just dropped – Don’t miss out! Contact us today for more details!

Investor Tools

Property Icon
$169,000
Estimated Property Value
$106,420Estimated Mortgage Balance
$62,580Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,020 /month
Positive
Cash Flow Estimate:
$340 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$189/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,428
$120,616
2025
$79,025
$41,591
$120,616
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,428
$120,616

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$114,000
No
First
Oct 31, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$106,420
$61,580
36%
63%
$684/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$684/mo
+$1,038/mo
12.2%

City: Houston

2478 Druid St | Property Details | No Agent List