Last 24 Hours
$1,041,004
NAL Estimated Property Value324 Thornton Rd, Houston, TX, 77018
Off Market
2 Beds
1 Bath
860 Sq Ft
Built in 1947Property Lead Type:
Absentee OwnerHigh EquityCash BuyersMove-In Ready
Highlights
Interior
Bedrooms 2
Bathrooms Full 1
HeatingExterior
Lot Size43,386 sqft
Building Information
Year Built1947
Stories1
Land Information
APN0580890000037
Lot Number37
SubdivisionYale Street Acres
Land UseResidential
Legal DescriptionLT 37 YALE STREET ACRES SEC 1
Census Tract530600
Assessed Land Value$1,019,524
Assessed Improvement Value$21,480
Assessment Year2025
About this property
Sold for Lot Value, home Great opportunity to build/develop in the Garden Oaks/Oak Forest area! Large 43,000+ square foot lot located in the Independence Heights area. Ideal for single family, a townhome development or commercial development. No zoning leads to lots of options for this large piece of land that is surrounded by new construction. Located just north of 610. Easy freeway access and minutes to Downtown Houston. Great restaurants and shopping all around!DO NOT WALK PROPERTY WITH OUT A CONFIRMED APPOINTMENT.
Investor Tools
$1,041,004
Estimated Property Value
$0Estimated Mortgage Balance
$283,797Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,600 /month
Positive
Cash Flow Estimate:
$2,200 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$543/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,307
$1,041,004
2025
$1,019,524
$21,480
$1,041,004
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,307
$1,041,004
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,041,004
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
1.5%
12.4%