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Owner Contacts

$215,000

NAL Estimated Property Value

2502 Mallorca Cir, Houston, TX, 77038

Off Market

4 Beds

2 Bath

1,508 Sq Ft

$165.78 / sqft

Built in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher

FlooringTile

Exterior

Lot Size6,957 sqft

Building Information

Year Built1983

Stories1

Garage Spaces2

Land Information

APN1131740000035

Lot Number35

SubdivisionGranada

Land UseResidential

Legal DescriptionLT 35 BLK 3 GRANADA SEC 1

Census Tract533803

Assessed Land Value$46,293

Assessed Improvement Value$159,811

Assessment Year2025

About this property

Welcome to this beautifully updated home with fresh paint inside and out, including the siding and trim. Enjoy the cohesive tile flooring throughout, complemented by updated kitchen cabinets and luxurious quartz countertops. Situated on a corner lot, this home offers privacy and curb appeal. With a newer 30-year roof, you can enjoy peace of mind and durability. The location provides easy access to I-45, the Beltway, and Freeway 249, making commuting a breeze. Plus, you're just minutes away from a variety of major food chains for convenience and dining options. Don't miss out on this fantastic opportunity to own a stylish and well-maintained home in a prime location!

Investor Tools

$215,000

Estimated Property Value

$0Estimated Mortgage Balance

$215,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,500 /month

Positive

Cash Flow Estimate:

$500 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$182/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,112

$206,104

2025

$46,293

$159,811

$206,104

Tax History

Year

Tax Paid

Assessed Value

2024

$1,112

$206,104

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$227,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

N/A

+$2,226/mo

12.4%

Learn About the Market: Opportunity in Houston

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