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$198,000

NAL Estimated Property Value

315 Eastlake St, Houston, TX, 77034

$219,017 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,768 Sq Ft
price_per_sqft$121.61 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dishwasher

Exterior

Lot Size6,599 sqft

Building Information

Year Built1956
Stories1
Garage Spaces2

Land Information

APN0840790000016
Lot Number16
SubdivisionFreeway Manor
Land UseResidential
Legal DescriptionLT 16 BLK 74 FREEWAY MANOR SEC 7
Census Tract321002
Assessed Land Value$64,581
Assessed Improvement Value$132,953
Assessment Year2025

About this property

Beautiful updated home in Freeway Manor subdivision. Upgrades included: new interior and exterior paint, new laminate, new ceramic in kitchen, and new garage opener. House also features new roof and new water heater as per previous sellers. Very close to I-45 , easy access to downtown and convenient for shopping, dining and entertainment.

Investor Tools

Property Icon
$198,000
Estimated Property Value
$187,983Estimated Mortgage Balance
$10,017Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$219,017
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$304/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,661
$197,534
2025
$64,581
$132,953
$197,534
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,661
$197,534

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Fha
$190,486
Yes
First
Aug 19, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$187,983
$9,551
4%
95%
$1,143/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,143/mo
+$1,083/mo
13.5%

City: Houston

315 Eastlake St | Property Details | No Agent List