$212,000
NAL Estimated Property Value3124 Wilmington St, Houston, TX, 77051
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size8,250 sqft
Building Information
Year Built1921
Stories1
Land Information
APN0810060000013
Lot Number13
SubdivisionReedwoods
Land UseResidential
Legal DescriptionLT 13 BLK 6 REEDWOODS
Census Tract331300
Assessed Land Value$85,800
Assessed Improvement Value$60,563
Assessment Year2025
About this property
Don't miss this chance to invest in this property, close to the NRG, The Medical Center, just a short drive to Downtown! Minutes from major freeways and access to major malls, other shopping, restaurants, and more! Selling As-Is, seller will not make any repairs.
Investor Tools
$212,000
Estimated Property Value
$94,479Estimated Mortgage Balance
$117,521Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,272 /month
Positive
Cash Flow Estimate:
$424 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$375/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,444
$146,363
2025
$85,800
$60,563
$146,363
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,444
$146,363
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Dow Employees Cu
Conventional
$107,000
No
First
May 29, 2020
Jun 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$94,479
$148,521
61%
45%
$642/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$642/mo
+$665/mo
7.4%
