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$216,000

NAL Estimated Property Value

263 Shekel Ln, Houston, TX, 77015

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,523 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.25 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Gas Oven, Gas Cooktop, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size7,701 sqft

Building Information

Year Built1975
Stories1
Garage Spaces2

Land Information

APN1079240000029
Lot Number29
SubdivisionWoodforest
Land UseResidential
Legal DescriptionLT 29 BLK 48 WOODFOREST SEC 19
Census Tract233002
Assessed Land Value$59,850
Assessed Improvement Value$142,033
Assessment Year2025

About this property

Great Location!! Great Value!! This house is in an excellent location of Woodforest with easy access to Wallisville Rd, Beltway 8, Highway 90 and I-10 East!! Convenient to schools, shopping, restaurants and more!! House priced below market due to some minor repairs needed. 4 bedroom 2 bath 2 car attached garage with inground pool!! The price has already been reduced for an "AS IS" price!! Hurry this property will not last!!

Investor Tools

Property Icon
$216,000
Estimated Property Value
$162,824Estimated Mortgage Balance
$53,176Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,296 /month
Positive
Cash Flow Estimate:
$432 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$223/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,597
$201,883
2025
$59,850
$142,033
$201,883
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,597
$201,883

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$176,000
No
First
May 16, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$162,824
$49,176
23%
75%
$1,056/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,306/mo
+$416/mo
9.6%

Learn About the Market: Opportunity in Houston

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Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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263 Shekel Ln | Property Details | No Agent List