$205,000
NAL Estimated Property Value2851 Packard Elm St, Houston, TX, 77038
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Microwave, Dishwasher
Exterior
Lot Size3,554 sqft
Building Information
Year Built2006
Garage Spaces2
Land Information
APN1259750010013
Lot Number13
SubdivisionMaple Ridge Place
Land UseResidential
Legal DescriptionLT 13 BLK 1 MAPLE RIDGE PLACE SEC 1
Census Tract533802
Assessed Land Value$42,915
Assessed Improvement Value$152,584
Assessment Year2025
About this property
Recently remodelled 3 bedroom house, fresh paint, new carpet, new fixtures and appliances.
Investor Tools
$205,000
Estimated Property Value
$44,765Estimated Mortgage Balance
$160,235Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,230 /month
Positive
Cash Flow Estimate:
$410 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$213/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,537
$195,499
2025
$42,915
$152,584
$195,499
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,537
$195,499
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The First State Bank
Unknown
$75,000
No
First
Nov 25, 2009
Jan 2015
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$44,765
$171,235
79%
22%
$450/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$450/mo
+$1,272/mo
10.1%
