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$348,000

NAL Estimated Property Value

3103 Southmore Blvd, Houston, TX, 77004

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,920 Sq Ft
price_per_sqft$155.16 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringWood

Exterior

Lot Size5,249 sqft

Building Information

Year Built1950
Stories2

Land Information

APN0631170020016
Lot Number16
SubdivisionLubbock
Land UseResidential
Legal DescriptionLT 16 BLK 2 LUBBOCK
Census Tract313000
Assessed Land Value$162,750
Assessed Improvement Value$163,706
Assessment Year2025

About this property

Gorgeous 3 Bedroom 2.5 Bath home in the Riverside / University market area. This property is priced to make this an ideal home or for an investor looking for a deal. Hardwood floors throughout living and bedroom areas, tile in kitchen and bathrooms. Formal Living, Formal Dining, Family Room/Den and Kitchen Downstairs. Kitchen has beautiful granite counter tops and breakfast bar. Spacious bedrooms. Large backyard. Stainless steel appliances stays with property, plus washer and dryer.

Investor Tools

Property Icon
$348,000
Estimated Property Value
$0Estimated Mortgage Balance
$348,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,088 /month
Positive
Cash Flow Estimate:
$696 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$508/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,358
$326,456
2025
$162,750
$163,706
$326,456
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,358
$326,456

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$341,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
5.9%

City: Houston

3103 Southmore Blvd | Property Details | No Agent List