$116,000
NAL Estimated Property Value3400 Timmons Ln Apt 60, Houston, TX, 77027
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesDisposal, Electric Oven, Oven, Electric Cooktop, Electric Range, Free-Standing Range, Refrigerator, Dishwasher
FlooringLaminate
Exterior
Exterior FeaturesBalcony
Building Information
Year Built1967
Stories1
Land Information
APN1142020080005
SubdivisionGreenway Oaks Condo
Land UseResidential
Legal DescriptionUNIT 60 BLDG H .0083 INT COMMON LAND & ELE GREENWAY OAKS CONDO
Census Tract411507
Assessed Land Value$18,652
Assessed Improvement Value$79,516
Assessment Year2025
About this property
This unit is within walking distance to Greenway Plaza and is the perfect place to live. Laminate floors throughout, updated bath. Updated bath plus courtyard. Vacant and ready for a new tenant.
Investor Tools
$116,000
Estimated Property Value
$96,784Estimated Mortgage Balance
$19,216Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$696 /month
Positive
Cash Flow Estimate:
$232 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$234/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,223
$98,168
2025
$18,652
$79,516
$98,168
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,223
$98,168
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Christian Kennedy
Seller Carryback / Seller Financing / Seller Take-Back
$105,000
No
First
Mar 22, 2022
Mar 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$96,784
$14,216
12%
83%
$630/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$630/mo
+$1,010/mo
17.0%
