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$389,305

NAL Estimated Property Value

3115 Soway St, Houston, TX, 77080

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,416 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.02 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Range

Exterior

Lot Size6,612 sqft

Building Information

Year Built1952
Stories1
Garage Spaces1

Land Information

APN0841450000347
Lot Number347
SubdivisionLangwood
Land UseResidential
Legal DescriptionLT 347 BLK 13 LANGWOOD SEC 2
Census Tract521402
Assessed Land Value$125,543
Assessed Improvement Value$263,762
Assessment Year2025

About this property

Epic location!!! you will love this charming fully remodel property with open floor plan in the quiet spring branch area, just minutes away from Galleria, and I 10 and 610 corridors, also near all the shopping centers, call for more details!!!

Investor Tools

Property Icon
$389,305
Estimated Property Value
$232,544Estimated Mortgage Balance
$156,761Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,336 /month
Positive
Cash Flow Estimate:
$779 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$528/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,389
$389,305
2025
$125,543
$263,762
$389,305
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,389
$389,305

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Allegiance Bank
Commercial
$250,000
No
First
Aug 18, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,544
$156,761
40%
60%
$1,499/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,499/mo
+$223/mo
5.3%

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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3115 Soway St | Property Details | No Agent List