Street View

1view

Owner Contacts

$1,157,000

2611 Tangley Rd, Houston, TX, 77005

Off Market

2 Beds

4 Bath

1,677 Sq Ft

Single Family Residence

$2.03 / sqft

Built in 1940

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Oven

FlooringTile, Wood

Exterior

Lot Size6,499 sqft

Building Information

Year Built1940

Stories1

Garage Spaces1

Land Information

APN0691120040001

Lot Number1

SubdivisionTangley Terrace

Land UseResidential

Legal DescriptionLT 1 BLK 4 TANGLEY TERRACE

Census Tract412300

Assessed Land Value$646,875

Assessed Improvement Value$251,112

Assessment Year2025

About this property

LEASE AGREEMENT HAS BEEN SIGNED...LOVE TO ENTERTAIN & LOOKING FOR LOCATION? THIS IS THE ONE! Charming home on corner lot in West U! Walking distance to Rice Village & nearby parks. Spacious front porch, hardwoods in living/dining/study/bedrooms. Gourmet kitchen w/granite countertops & fridge! Double French doors in dining room lead out to the entertainment extension of this home...covered patio w/fab lighting & outdoor furniture. Study with natural light. Living/Dining has a fabulous open concept layout. Recent updates: Sewer line, windows, wood flooring refinished, interior paint. Stainless-steel refrigerator. All per seller. All Measurement are approximate, please verify.

Investor Tools

$1,157,000

Estimated Property Value

$296,112Estimated Mortgage Balance

$895,000Estimated Equity

74% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$6,942 /month

Positive

Cash Flow Estimate:

$2,314 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,800/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$15,812

$897,987

2025

$646,875

$251,112

$897,987

Tax History

Year

Tax Paid

Assessed Value

2024

$15,812

$897,987

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Quicken Loans Inc

Conventional

$296,112

First

Jul 5, 2020

Aug 2035

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$262,000

$895,000

77%

23%

$1,776/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

$1,776/mo

+$184/mo

2.0%

Learn About the Market: Opportunity in Houston

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