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Owner Contacts

$250,000

NAL Estimated Property Value

32 Farrell Street A, Houston, TX, 77022

Off Market

Lease

4 Beds

2 Bath

1,756 Sq Ft

$0.85 / sqft

Built in 1952

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating

AppliancesDryer Included, Refrigerator Included, Washer Included, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer

FlooringTile, Vinyl Plank

Exterior

Lot Size9,235 sqft

Building Information

Year Built1952

Stories1

Garage Spaces2

Land Information

APN0710100050001

Lot Number1

SubdivisionMeadow Lea Annex

Land UseResidential

Legal DescriptionLT 1 BLK 3 MEADOW LEA ANNEX SEC 2

Census Tract220500

Assessed Land Value$78,661

Assessed Improvement Value$132,197

Assessment Year2025

About this property

ADDITIONAL PHOTOS COMING SOON. This 2 bed, 1 bath + bonus room Duplex offers the perfect blend of charm and modern comfort in booming Independence Heights! Includes ALL APPLIANCES (washer/dryer, stainless steel refrigerator, & gas stove/oven) adding extra convenience! Featuring a spacious living area with natural light, the property also includes a versatile bonus room with French doors... ideal for a home office, formal dining, or flex room. Kitchen with quartz countertops, modern cabinetry, and an island w/ breakfast seating. Large bathroom, large vanity and features a walk-in shower. Additional features include a covered front porch for relaxing outdoors, and assigned carport parking for convenience. Located minutes from the Houston Farmers Market, offers quick access to I-45 & 610 inner loop, local shopping, and plenty of dining. Available for Nov. move-in! No felonies, no evictions, no broken leases.

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$258/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,850

$210,858

2025

$78,661

$132,197

$210,858

Tax History

Year

Tax Paid

Assessed Value

2024

$1,850

$210,858

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

365 Lending Group Llc

Commercial

$280,350

First

Mar 7, 2025

Mar 2026

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$274,148

N/A

110%

$1,681/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$1,681/mo

+$545/mo

10.7%

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