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$589,000

NAL Estimated Property Value

3226 Milburn St, Houston, TX, 77021

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,203 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$281.39 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size6,660 sqft

Building Information

Year Built1945
Stories2
Garage Spaces2

Land Information

APN0611320480013
Lot Number13
SubdivisionRiverside Terrace
Land UseResidential
Legal DescriptionLT 13 BLK 48 RIVERSIDE TERRACE SEC 8
Census Tract313202
Assessed Land Value$163,037
Assessed Improvement Value$218,656
Assessment Year2025

About this property

Step into this charming and updated 2-story home in Riverside Terrace, set high on a tree-shaded lot. Conveniently located just minutes from the Medical Center, Museum District, West University, TSU, University of Houston Downtown, HEB, and major freeways. Additional highlights include a two-car garage with an enclosed storage room (featuring AC and an included infrared sauna) and a fully fenced backyard with a separate gated driveway and motorized wrought iron gate. Thoughtful updates include a renovated kitchen and baths, double-pane low-E windows, an added laundry room, and a whole-house generator. The backyard is perfect for entertaining with a covered porch and grill area, open brick/paver patio, and grassy yard.

Investor Tools

Property Icon
$589,000
Estimated Property Value
$565,161Estimated Mortgage Balance
$23,839Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,719 /month
Positive
Cash Flow Estimate:
$1,240 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$307/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$738
$381,693
2025
$163,037
$218,656
$381,693
No

Tax History

Year
Tax Paid
Assessed Value
2024
$738
$381,693

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Inc
Credit Line (Revolving) / Heloc
$238,934
No
First
Dec 16, 2016
Jan 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$565,161
N/A
0%
96%
$3,682/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,682/mo
$-1,960/mo
3.5%

City: Houston

3226 Milburn St | Property Details | No Agent List