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$120,000

3234 Airline Dr, Houston, TX, 77022

$156,000 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$100 / sqft
Year BuiltBuilt in 1929

Property Lead Type:

Must-SellDeal ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size3,302 sqft

Building Information

Year Built1929
Stories1

Land Information

APN0130020040007
SubdivisionEast Independence Heights
Land UseResidential
Legal DescriptionTR 7A BLK 4 EAST INDEPENDENCE HEIGHTS
Census Tract530300
Assessed Land Value$115,830
Assessed Improvement Value$69,331
Assessment Year2025

About this property

3 bedroom, 2 bath home with 1,200 sq ft on a 3,300 sq ft lot. Property offers residential or commercial use and has been partially remodeled, with some work remaining for the next owner to complete. Located in a high-visibility area with strong potential for a variety of uses. Room dimensions are approximate.

Investor Tools

$108,195Estimated Mortgage Balance
$88,805Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$156,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,182 /month
Positive
Cash Flow Estimate:
$394 /month

Interested in this property?

Catherine Romero

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$381/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,592
$185,161
2025
$115,830
$69,331
$185,161
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,592
$185,161

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Visio Financial Services Inc
Conventional
$126,000
No
First
Jul 8, 2019
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$108,195
$88,805
45%
55%
$756/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$756/mo
+$551/mo
8.0%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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