$335,000
NAL Estimated Property Value3120 Gray St, Houston, TX, 77004
Off Market
Highlights
Interior
Exterior
Lot Size4,417 sqft
Land Information
APN0572110000005
Lot Number5
SubdivisionPierce Court
Land UseResidential
Legal DescriptionLT 5 BLK 3 PIERCE COURT
Census Tract312300
Assessed Land Value$168,161
Assessment Year2025
About this property
Selling both continuous lots. 3118 Gray St 5,000 S.F. & 3120 Gray St 4,416 S.F. Total combined square foot 9,416. The lot is totally fenced from all sides with a mobile gate, ground stabilized with gravel, utilities on the lot. Property just one block from I-45 South and near US 59. Location just minutes from Downtown & University of Houston. Great lot to build on redeveloping area!
Investor Tools
$335,000
Estimated Property Value
$201,136Estimated Mortgage Balance
$133,864Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,208 /month
Positive
Cash Flow Estimate:
$736 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$407/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,208
$168,161
2025
$168,161
N/A
$168,161
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,208
$168,161
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Realfin Capital Llc
Purchase Money Mortgage
$210,000
No
First
Jan 25, 2024
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,136
$133,864
39%
60%
$1,260/mo
