Last 24 Hours
$375,041
NAL Estimated Property Value2516 Fletcher St Fl Etcher, Houston, TX, 77009
Off Market
3 Beds
2 Bath
1,320 Sq Ft
$226.52 / sqft
Built in 1910Property Lead Type:
BankruptcyOff-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
Bedrooms 3
Bathrooms Full 1
Garage Available
HeatingExterior
Lot Size4,961 sqft
Building Information
Year Built1910
Garage Spaces1
Land Information
APN0381400000002
Lot Number2
SubdivisionWrightwood
Land UseResidential
Legal DescriptionLT 2 & TRS 3B & 4A WRIGHTWOOD
Census Tract210400
Assessed Land Value$184,470
Assessed Improvement Value$190,571
Assessment Year2025
About this property
Excellent location near Downtown Houston, TX. Completely remodeled with new floors, new roof, plumbing, and electrical. New cabinets and granite countertops. Three bedrooms, two full bathrooms with an extra garage. Two-bedroom apartment. Ideal.
Investor Tools
$375,041
Estimated Property Value
$265,264Estimated Mortgage Balance
$109,777Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$824/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,010
$375,041
2025
$184,470
$190,571
$375,041
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,010
$375,041
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$270,019
Yes
First
May 30, 2025
Jun 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$265,264
$109,777
29%
71%
$1,619/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,619/mo
+$103/mo
5.5%
12.4%