$505,000
NAL Estimated Property Value2843 Sherwin St, Houston, TX, 77007
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesWater Heater, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher, Dryer, Washer
FlooringCarpet, Wood
Exterior
Lot Size2,060 sqft
Building Information
Year Built2008
Garage Spaces1
Land Information
APN1280600010045
Lot Number45
SubdivisionCottage Grove
Land UseResidential
Legal DescriptionLT 45 BLK 1 COTTAGE GROVE SEC 6
Census Tract510901
Assessed Land Value$144,340
Assessed Improvement Value$360,660
Assessment Year2025
About this property
Welcome to this stunning 3 story InTown home in a gated community of Cottage Grove. The 3 bedroom/3.5 bathroom home with flex space features tasteful upgrades including designer carpet and custom window treatments. 2 terraces and a huge backyard provide plenty of space for outdoor entertainment. Conveniently located, the home provides easy access to Memorial Park and unmatched restaurants/entertainment of the Houston Heights while situated just minutes away form major highways I-10, I-45, and 610.
Investor Tools
$505,000
Estimated Property Value
$655,503Estimated Mortgage Balance
$505,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,030 /month
Positive
Cash Flow Estimate:
$1,010 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$837/month
$1,600/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,522
$505,000
2025
$144,340
$360,660
$505,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,522
$505,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Union Home Mortgage Corp
Unknown
$657,400
No
First
Mar 4, 2026
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$655,503
N/A
0%
130%
$3,942/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$5,542/mo
$-2,962/mo
6.1%
