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$171,000

NAL Estimated Property Value

3241 Simmons St, Houston, TX, 77004

Off MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size5,497 sqft

Land Information

APN0530140000010
Lot Number10
SubdivisionForest Home
Land UseResidential
Legal DescriptionLT 10 BLK 2 FOREST HOME
Census Tract312400
Assessed Land Value$161,500
Assessment Year2025

About this property

Exceptional builder opportunity in Houston’s rapidly transforming Greater Third Ward! This 5,500 sq ft corner lot with NO DEED RESTRICTIONS offers premium frontage, added design flexibility, and standout curb appeal, key advantages for maximizing resale value. Positioned in a high-demand redevelopment corridor surrounded by impressive new construction, this is the kind of lot builders wait for. Located just minutes from Downtown Houston and less than 10 minutes from the University of Houston, the site supports strong buyer appeal and rental potential. Easy access to major highways, dining, and entertainment further enhances marketability. With continued growth and rising values in the area, this corner lot presents a compelling opportunity to build smart, build bold, and build profitably. Secure it before the next wave of development passes you by. A copy of the new survey is available in the online documents.

Investor Tools

Property Icon
$171,000
Estimated Property Value
$0Estimated Mortgage Balance
$171,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,035 /month
Positive
Cash Flow Estimate:
$345 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$353/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,379
$161,500
2025
$161,500
N/A
$161,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,379
$161,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$171,000
100%
0%
$0/mo

City: Houston

3241 Simmons St | Property Details | No Agent List