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$692,000

NAL Estimated Property Value

2607 North Fwy, Houston, TX, 77009

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,578 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.85 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Gas Oven, Gas Cooktop, Gas Range
FlooringWood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1920

Land Information

APN0331110550008
Lot Number8
SubdivisionBrooke Smith
Land UseResidential
Legal DescriptionLT 8 BLK 55 BROOKE SMITH
Census Tract511600
Assessed Land Value$300,000
Assessed Improvement Value$156,162
Assessment Year2025

About this property

WELCOME TO 2607 NORTH FREEWAY! THIS LISTING IS ZONED RESIDENTIAL/COMMERCIAL IT CAN BE USED AS YOU PLEASE. CURRENTLY THIS IS BEING USED AS OFFICE. PLENTY OF PARKING IN FRONT AND ALONG SIDE AND BACK. AUTOMATIC GATE FOR PRIVACY ACCESS TO BACK ALLEY WHICH CAN BE USED. OFFICE IS A SHOWRROM ITSELF WOOD FLOORING, CROWN MOLDING GRANITE COUNTERTOPS, RECEPTION AREA,3 OFFICES, CONFERENCE AREA, FULL SIZE KITCHEN, FULL BATHROOM, UTILITY ROOM, AND HUGE BACKYARD.

Investor Tools

Property Icon
$692,000
Estimated Property Value
$284,947Estimated Mortgage Balance
$407,053Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,152 /month
Positive
Cash Flow Estimate:
$1,384 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,140/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,222
$456,162
2025
$300,000
$156,162
$456,162
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,222
$456,162

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Solutions Of Colorado Llc
Conventional
$375,250
No
First
Apr 28, 2015
May 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$284,947
$407,053
58%
41%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
3.0%

City: Houston

2607 North Fwy | Property Details | No Agent List