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$298,000

NAL Estimated Property Value

306 Neyland St, Houston, TX, 77022

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,716 Sq Ft
price_per_sqft$168.41 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dishwasher
FlooringVinyl

Exterior

Lot Size8,102 sqft

Building Information

Year Built1945
Stories1

Land Information

APN0630950030005
Lot Number5
SubdivisionSouthward
Land UseResidential
Legal DescriptionLT 5 BLK 3 SOUTHWARD
Census Tract530400
Assessed Land Value$176,850
Assessed Improvement Value$121,150
Assessment Year2025

About this property

Cute Renovated Bungalow! Per seller *newly remodeled kitchen with new flooring, range and dishwasher to be installed at closing, newly installed crown molding, and cabinets! Two baths with new tile flooring, tubs, sinks, and fixtures. Fenced yard and privacy gate.* Close to all that The Heights and Downtown areas offer....shops, restaurants, and walking trails! Plenty of new construction in and around the neighborhood, specifically next door! Come by and check it out!

Investor Tools

Property Icon
$298,000
Estimated Property Value
$216,508Estimated Mortgage Balance
$81,492Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,788 /month
Positive
Cash Flow Estimate:
$596 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$721/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,160
$298,000
2025
$176,850
$121,150
$298,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,160
$298,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$223,500
No
First
Aug 30, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$216,508
$81,492
27%
73%
$1,340/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,340/mo
+$886/mo
9.0%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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306 Neyland St | Property Details | No Agent List