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$355,000

NAL Estimated Property Value

2603 Areba Street, Houston, TX, 77091

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,869 Sq Ft
price_per_sqft$213.48 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher

Exterior

Lot Size7,322 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN0924890000017
Lot Number17
SubdivisionYorkdale Addition
Land UseResidential
Legal DescriptionLT 17 BLK 2 YORKDALE ADDITION SEC 1
Census Tract531900
Assessed Land Value$90,024
Assessed Improvement Value$262,308
Assessment Year2025

About this property

Welcome to 2603 Areba Street! This beautiful brand new house is now available for sale. With 4 bedrooms, 2 bathrooms, and a spacious 1869 square feet of living space, this property offers plenty of room for you and your family to grow.Step inside and be greeted by the open concept layout, creating a seamless flow between the living room, dining area, and kitchen. The kitchen features granite countertops and a large island, perfect for preparing meals or entertaining guests. The master bedroom boasts a walk-in custom closet and a tray ceiling, adding a touch of elegance to the space. The additional three bedrooms provide ample space for family members or guests. Book for private showing today! Home to be completed soon.

Investor Tools

Property Icon
$355,000
Estimated Property Value
$295,969Estimated Mortgage Balance
$59,031Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$497/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,189
$352,332
2025
$90,024
$262,308
$352,332
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,189
$352,332

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Clm Mortgage Inc
Conventional
$308,000
No
First
Mar 27, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$295,969
$59,031
16%
83%
$1,847/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,847/mo
+$379/mo
7.5%

City: Houston

2603 Areba Street | Property Details | No Agent List