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$736,015

NAL Estimated Property Value

310 Delmar St, Houston, TX, 77011

Off MarketInfo
CommercialInfo
Beds3 Beds
Baths3 Bath
Baths4,200 Sq Ft
Multi FamilyMulti Family
price_per_sqft$226.19 / sqft
Year BuiltBuilt in 1929

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesRange, ENERGY STAR Qualified Appliances, Disposal, Microwave, Dishwasher, Refrigerator
FlooringWood

Exterior

Lot Size7,749 sqft

Building Information

Year Built1929

Land Information

APN0150300000012
Lot Number3,4
SubdivisionFullerton Place
Land UseResidential
Legal DescriptionLT 4 & S 15 FT OF LT 3 BLK 22 FULLERTON PLACE
Census Tract310500
Assessed Land Value$191,250
Assessed Improvement Value$544,765
Assessment Year2025

About this property

Presenting a fully renovated and fully furnished fourplex (2022) in Houston's vibrant East End – a neighborhood experiencing a surge of investor and developer interest. This multi-family gem, remodeled from the foundations in 2022, boasts state-of-the-art upgrades including new electrical systems, separate meters, plumbing, windows, and HVAC units. Featuring two buildings, each with a pair of units – the front building offers two spacious 3bd/3bt apartments at 1,750 square feet per unit, while the rear building houses cozy two 2bd/2bt residences at 875 square feet per unit. All units come equipped with modern conveniences such as stackable washers and dryers, stainless steel appliances, and more. Optimize your investment with steady rental income, delve into the profitable world of Airbnb, or occupy a unit yourself and let the rental income subsidize your mortgage. The possibilities are boundless, all in an exceptional location.

Investor Tools

Property Icon
$736,015
Estimated Property Value
$862,360Estimated Mortgage Balance
$736,015Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,590/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,400
$736,015
2025
$191,250
$544,765
$736,015
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,400
$736,015

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Va
$886,000
Yes
First
Nov 14, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$862,360
N/A
0%
117%
$5,313/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$5,313/mo
$-3,087/mo
3.6%

City: Houston

310 Delmar St | Property Details | No Agent List