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Owner Contacts

$117,000

NAL Estimated Property Value

2800 Jeanetta St Apt 611, Houston, TX, 77063

Off Market

2 Beds

1 Bath

923 Sq Ft

Condos / Townhouses

$117.55 / sqft

Built in 1979

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer, Oven

Exterior

Exterior FeaturesPlayground, Storage

Building Information

Year Built1979

Stories1

Land Information

APN1142030060011

SubdivisionOne Orleans Place Condo Ph 1

Land UseResidential

Legal DescriptionUNIT 611 BLDG F .003690 INT COMMON LAND & ELE ONE ORLEANS PLACE CONDO PH 1

Census Tract432200

Assessed Land Value$21,200

Assessed Improvement Value$90,380

Assessment Year2025

About this property

Investment property. $1,075/mo till 04/30/22. Wonderfully upgraded lower-level 2-Bedroom and 1-Bathroom located in a gated community. Granite countertop, recently installed high-quality laminate flooring, along with various upgraded fixtures throughout the unit. Fireplace, private patio, and additional storage. Swimming pool, tennis courts, and BBQ pits. Water, sewer, trash, and assigned & covered parking included in HOA. HOA also cover roof, foundation, and building exterior maintenance. All appliances including washer and dryer can stay or be removed. Easy access to I-10, Westpark Tollway and Highway 8. Close to Memorial Park. NEVER FLOODED. Schedule your private showing today.

Investor Tools

$117,000

Estimated Property Value

$71,844Estimated Mortgage Balance

$45,156Estimated Equity

41% equity

Estimated Cap Rate

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Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$702 /month

Positive

Cash Flow Estimate:

$234 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$251/month

$276/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,423

$111,580

2025

$21,200

$90,380

$111,580

Tax History

Year

Tax Paid

Assessed Value

2024

$2,423

$111,580

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Everett Financial Inc

Conventional

$79,125

First

Jul 2, 2021

Jul 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$71,844

$51,156

41%

61%

$475/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,500/mo

$751/mo

+$749/mo

15.4%

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