$669,700
NAL Estimated Property Value2550 Roy Cir, Houston, TX, 77007
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
Exterior
Lot Size14,932 sqft
Building Information
Year Built1955
Stories1
Garage Spaces4
Land Information
APN0800710000035
SubdivisionCottage Oaks
Land UseResidential
Legal DescriptionTR 35 BLK 1 COTTAGE OAKS
Census Tract510901
Assessed Land Value$493,268
Assessed Improvement Value$176,432
Assessment Year2025
About this property
BUILDERS / INVESTORS!!! Amazing 14.930 sqft lot in Cottage Oaks. This is a unique piece of land in middle of Heights Area, ready for your new home. Located across the new M-K-T strip center, close to Memorial Park and Washington Corridor . Deed Restrictions in this neighborhood allow only 1 home per lot. No worries about crowded townhomes here...The home is a tear down home and has been abandoned for some time now. Home has a 4car garage a storage shed in back. Property can be walked with appointment. PROPERTY IS BEING SOLD AS IS...
Investor Tools
$669,700
Estimated Property Value
$652,258Estimated Mortgage Balance
$17,442Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,018 /month
Positive
Cash Flow Estimate:
$1,339 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,478/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,385
$669,700
2025
$493,268
$176,432
$669,700
No
Tax History
Year
Tax Paid
Assessed Value
2024
$14,385
$669,700
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$655,099
No
First
Feb 6, 2026
Mar 2056
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$652,258
$75,742
10%
97%
$3,928/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,928/mo
$-1,348/mo
4.6%
