$237,367
NAL Estimated Property Value304 E 40th Street, Houston, TX, 77018
Off Market
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
Exterior
Lot Size3,123 sqft
Building Information
Year Built1947
Stories1
Land Information
APN0210750000003
Lot Number3
SubdivisionIndependence Heights
Land UseResidential
Legal DescriptionLT 3 BLK 5 INDEPENDENCE HEIGHTS
Census Tract530300
Assessed Land Value$87,500
Assessed Improvement Value$149,867
Assessment Year2025
Investor Tools
$237,367
Estimated Property Value
$0Estimated Mortgage Balance
$237,367Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,716 /month
Positive
Cash Flow Estimate:
$572 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$334/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,826
$237,367
2025
$87,500
$149,867
$237,367
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,826
$237,367
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$237,367
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
N/A
+$1,095/mo
5.5%
