B+

NoAgentList RatingHow are grades calculated?

35Days on Market

1view

$292,500

3402 Cameo Dr, Houston, TX, 77080

$304,160 ARV

On Market

3 Beds

2 Bath

1,550 Sq Ft

Single Family Residence

$188.71 / sqft

Built in 1959

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesGas Oven, Gas Cooktop

FlooringTile, Wood

Exterior

Lot Size9,601 sqft

Building Information

Year Built1959

Stories1

Garage Spaces2

Land Information

APN0835690000022

Lot Number22

SubdivisionBinglewood

Land UseResidential

Legal DescriptionLT 22 BLK 3 BINGLEWOOD

Census Tract521402

Assessed Land Value$168,300

Assessed Improvement Value$83,650

Assessment Year2025

About this property

Ranch style home nestled in the desirable Binglewood community on a generously sized lot! Ideal floor plan features 3 bedrooms & 2 full bathrooms. Entry way of the home leads into the large living room with hardwood flooring & a large picture window that overlooks the front yard. Kitchen opens up to a large flex room (enclosed garage) & a dining room on the other side. Beautiful, large backyard is perfect for entertaining, pets, & play. Easy access to I-10, Beltway 8, & everything you could ever need in Spring Branch! Enjoy the amenities of the Binglewood Civic Association, & a neighborhood full of large lots, mature trees, and beautiful landscaping. The neighborhood park offers a playground and walking trail for outdoor enjoyment. NEW ROOF JUNE 2026

Investor Tools

$316,000

Estimated Property Value

$45,000Estimated Mortgage Balance

$271,995Estimated Equity

86% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$304,160

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,896 /month

Positive

Cash Flow Estimate:

$632 /month

Interested in this property?

Wendy Miles

Berkshire Hathaway HomeServices Premier Properties

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$312/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,161

$251,950

2025

$168,300

$83,650

$251,950

Tax History

Year

Tax Paid

Assessed Value

2024

$2,161

$251,950

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Houston Fcu

Credit Line (Revolving) / Heloc

$45,000

First

Mar 20, 2025

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$44,005

$271,995

86%

14%

$270/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$270/mo

+$1,452/mo

6.5%

Learn About the Market: Opportunity in Houston

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