55Days on Market

1view

$599,000

3034 Wayne Street A-B, Houston, TX, 77026

On Market

3 Beds

2 Bath

3,284 Sq Ft

$182.4 / sqft

Built in 2022

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 4

Garage Available

Heating Central

Cooling

AppliancesDryer Included, Refrigerator Included, Washer Included, Electric Oven, Microwave

FlooringLaminate

Exterior

Exterior FeaturesBalcony

Lot Size5,502 sqft

Building Information

Year Built2022

Garage Spaces3

Land Information

APN0393450000001

Lot Number1

SubdivisionGrant Park

Land UseResidential

Legal DescriptionLT 1 BLK 6 GRANT PARK

Census Tract211102

Assessed Land Value$63,000

Assessed Improvement Value$460,586

Assessment Year2025

About this property

Modern 2022-built duplex (multi-family) property situated on a corner lot featuring two spacious two-story units. Each unit offers approximately 1,849 square feet with 3 bedrooms, 2 full baths, and 1 half bath, open-concept living and dining areas, and an attached two-car garage. Interior features include tile and wood flooring, central electric cooling, central gas heating, ceiling fans, an open kitchen with pantry and ample cabinet storage, and all bedrooms located on the second floor. Exterior improvements include cement board siding, composition roof, covered patio, partial fencing, concrete driveway, and contemporary black-and-white exterior design. Public water and sewer.

Investor Tools

$185,700Estimated Mortgage Balance

$337,886Estimated Equity

64% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,594 /month

Positive

Cash Flow Estimate:

$1,198 /month

Interested in this property?

Adriana Lopez

City Insight Houston

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,073/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,254

$523,586

2025

$63,000

$460,586

$523,586

Yes (2022)

Tax History

Year

Tax Paid

Assessed Value

2024

$10,254

$523,586

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Tht Pyp Llc

Building Or Construction Loan

$200,000

First

Sep 27, 2022

Sep 2023

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$185,700

$337,886

64%

35%

$1,200/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$1,200/mo

+$1,026/mo

5.1%

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