$362,000
NAL Estimated Property Value3237 Winbern St, Houston, TX, 77004
Off Market
Property Lead Type:
BankruptcyOff-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesDisposal, Gas Oven, Gas Cooktop, Dishwasher, Refrigerator
FlooringVinyl
Exterior
Lot Size4,800 sqft
Building Information
Year Built1950
Stories1
Garage Spaces2
Land Information
APN0530270000020
Lot Number20
SubdivisionForest Home
Land UseResidential
Legal DescriptionLT 20 BLK 15 FOREST HOME
Census Tract312400
Assessed Land Value$149,600
Assessed Improvement Value$150,231
Assessment Year2025
About this property
Calling all investors!! Beautifully renovated 3-4 bedroom home near University of Houston in a developing area. Tenant occupied with long term lease that will cover your expenses! Features open floor plan, modern finishes, Quartz kitchen counters, new stainless steel appliances, and NO HOA. Located northeast of The Medical Center and south of downtown Houston. Convenient access to major highways and universities. Property includes 4 bedrooms, 2 bathrooms, 1848 sqft on a 4800 sqft lot. Generating great rental income! Great opportunity for investors!
Investor Tools
$362,000
Estimated Property Value
$389,937Estimated Mortgage Balance
$362,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,172 /month
Positive
Cash Flow Estimate:
$724 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$283/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,582
$299,831
2025
$149,600
$150,231
$299,831
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,582
$299,831
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Owner Finance Company
Purchase Money Mortgage
$400,000
No
First
Dec 12, 2024
Dec 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$389,937
N/A
0%
108%
$2,399/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,399/mo
$-173/mo
7.4%
