$135,000
3316 Love Plz, Houston, TX, 77026
$175,500 ARV
On Market
Commercial
Highlights
Interior
AppliancesRange, Microwave, Refrigerator
Exterior
Lot Size7,296 sqft
Building Information
Year Built1948
Land Information
APN0402530000214
SubdivisionHarris & Wilson Survey Abstract 32
Land UseResidential
Legal DescriptionTRS 7A & 7B ABST 32 HARRIS & WILSON
Census Tract211102
Assessed Land Value$73,776
Assessed Improvement Value$328,861
Assessment Year2025
About this property
INVESTOR OPPORTUNITY!!! This property features three well-maintained units. Unit layouts include 3-bedroom and 2-bedroom options, each with bathrooms, kitchen, living area, and appliances. Conveniently located with easy access to Hwy 59N and just minutes from Downtown. Two of the three units are currently vacant and move-in ready.
Investor Tools
$164,911Estimated Mortgage Balance
$392,767Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$175,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,342 /month
Positive
Cash Flow Estimate:
$1,114 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$891/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,911
$402,637
2025
$73,776
$328,861
$402,637
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,911
$402,637
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rcn Capital Llc
Commercial
$186,000
No
First
Jul 16, 2020
Aug 2022
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$164,911
$526,089
76%
30%
$1,116/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,116/mo
+$1,110/mo
4.8%
