Last 24 Hours
$438,256
NAL Estimated Property Value3039 Gray Street, Houston, TX, 77004
Off Market
3 Beds
3 Bath
2,434 Sq FtHighlights
Interior
Bedrooms 3
Bathrooms Full 3
Garage Available
Heating Central
CoolingExterior
Lot Size1,951 sqft
Building Information
Year Built2022
Garage Spaces2
Land Information
APN1448520010003
Lot Number3
Land UseResidential
Legal DescriptionLT 3 BLK 1 DEEN ESTATE GRAY
Census Tract312300
Assessed Land Value$89,505
Assessed Improvement Value$348,751
Assessment Year2025
About this property
Corner and cleared lot in the Third Ward area. Easy access to both I-45 and 59. Located close to University of Houston and Downtown. Developing neighborhood with a lot of new construction homes around. Perfect opportunity for investors and developers.
Investor Tools
$438,256
Estimated Property Value
$339,025Estimated Mortgage Balance
$99,231Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,630 /month
Positive
Cash Flow Estimate:
$877 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$967/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,416
$438,256
2025
$89,505
$348,751
$438,256
No
Tax History
Year
Tax Paid
Assessed Value
2024
$9,416
$438,256
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wintex Group Llc
Unknown
$360,000
No
First
Mar 9, 2023
Apr 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$339,025
$99,231
22%
77%
$2,159/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,159/mo
$-437/mo
4.7%
12.4%