$370,000
NAL Estimated Property Value2618 Baylor St, Houston, TX, 77009
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Gas Oven, Free-Standing Range, Dishwasher
Exterior
Lot Size4,251 sqft
Building Information
Year Built1940
Stories1
Garage Spaces1
Land Information
APN0350830250009
SubdivisionSunset Heights
Land UseResidential
Legal DescriptionTR 1A BLK 25 SUNSET HEIGHTS
Census Tract511502
Assessed Land Value$318,750
Assessed Improvement Value$51,250
Assessment Year2025
About this property
Classic Heights Bungalow with updates, but historic features still intact. You will love the open living space that provides for easy entertaining. With both a front porch and extended back deck, there's lots of room to enjoy the outdoors as well. The Barn in the backyard is used as studio space and storage. The current owners have lovingly cared for their home and have made many improvements both to the home and landscaping.
Investor Tools
$370,000
Estimated Property Value
$141,505Estimated Mortgage Balance
$228,495Estimated Equity
64% 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
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$581/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,117
$370,000
2025
$318,750
$51,250
$370,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,117
$370,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$156,449
No
First
May 10, 2021
May 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$141,505
$253,495
64%
38%
$938/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$938/mo
+$369/mo
4.2%
