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$169,000

NAL Estimated Property Value

305 Michigan St, South Houston, TX, 77587

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths960 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.67 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesFree-Standing Range, Gas Range, Oven
FlooringTile

Exterior

Lot Size7,100 sqft

Building Information

Year Built1957
Stories1
Garage Spaces2

Land Information

APN0341690350014
Lot Number14
SubdivisionSouth Houston
Land UseResidential
Legal DescriptionLT 14 BLK 335 SOUTH HOUSTON
Census Tract321401
Assessed Land Value$100,067
Assessed Improvement Value$67,367
Assessment Year2025

About this property

Three Bedroom two bath walk-in shower! Central Air and Heat!! Laundry room, Living room, den, large back yard

Investor Tools

Property Icon
$169,000
Estimated Property Value
$0Estimated Mortgage Balance
$169,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,014 /month
Positive
Cash Flow Estimate:
$338 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$256/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,230
$167,434
2025
$100,067
$67,367
$167,434
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,230
$167,434

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$178,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
9.3%

City: South Houston

305 Michigan St | Property Details | No Agent List