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$199,000

NAL Estimated Property Value

3202 Melbourne St, Houston, TX, 77026

$233,089 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,820 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$98.35 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

BankruptcyDeal ListAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size8,782 sqft

Building Information

Year Built1949
Garage Spaces1

Land Information

APN0660560060025
SubdivisionHuntington Place Extn
Land UseResidential
Legal DescriptionTR 25A BLK 6 HUNTINGTON PLACE EXTN
Census Tract220100
Assessed Land Value$75,763
Assessed Improvement Value$118,677
Assessment Year2025

About this property

Investor Special! Selling As-Is. This 4-bedroom, 2-bath home sits on a spacious corner lot with strong upside potential. Conveniently located near the Hardy Toll Road, 610 North, and 59 North, offering easy access to major employment and retail hubs. The layout features 2 bedrooms downstairs and 2 upstairs, a formal living room, breakfast area, dining room, and a kitchen with island, granite countertops, and ample cabinet space. A versatile flex room leads to the laundry area, adding functional value. Flooring includes hardwood downstairs, tile in wet areas, and carpet on stairs and upper level. The property is fully fenced and includes a 1-car detached garage. Home needs TLC and is priced accordingly—great value-add opportunity. Priced to sell quickly—perfect opportunity for investors or homeowners willing to improve its condition and make it their own. Submit your offer today!!!

Investor Tools

Property Icon
$199,000
Estimated Property Value
$142,001Estimated Mortgage Balance
$56,999Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$233,088
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$445/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,343
$194,440
2025
$75,763
$118,677
$194,440
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,343
$194,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homexpress Mortgage Corp
Conventional
$150,010
No
First
Jun 27, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$142,001
$56,999
28%
71%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$900/mo
+$1,326/mo
13.4%

City: Houston

3202 Melbourne St | Property Details | No Agent List