$249,900
3424 Rosalie Street, Houston, TX, 77004
Pending
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesENERGY STAR Qualified Appliances, Disposal, Microwave, Electric Range, Dishwasher
Exterior
Lot Size5,001 sqft
Building Information
Garage Spaces2
Land Information
APN0372480000002
Lot Number2
SubdivisionWilson W A
Land UseResidential
Legal DescriptionLT 2 BLK 38 WILSON W A
Census Tract312200
Assessed Land Value$170,000
Assessment Year2025
About this property
A beautiful yet affordable 3 bedroom 2 bath single story new construction home is coming to Third Ward Houston; projected to be built by May 2026. This new brick front home offers open concept living and features a foyer, ceiling fans, luxury tile flooring, granite counter tops, covered porch and an outdoor living space with a covered patio and a backyard. This home is part of the Midtown Redevelopment Authority, CCPPI and the City of Houston’s mission to create affordable new single-family homeownership opportunities throughout Houston.
Investor Tools
$1,208,804Estimated Mortgage Balance
$247,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$103/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$170,000
2025
$170,000
N/A
$170,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$170,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Midtown Redevelopment Authority
Stand Alone Second / Subordinate Position
$1,240,000
No
First
Dec 30, 2024
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,208,804
N/A
0%
489%
$7,435/mo
