$249,900
3430 Rosedale St, Houston, TX, 77004
Pending
Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesENERGY STAR Qualified Appliances, Disposal, Microwave, Electric Range, Dishwasher
FlooringLaminate, Tile
Exterior
Lot Size6,900 sqft
Building Information
Year Built1945
Stories2
Land Information
APN0620490020008
Lot Number8
SubdivisionSouthwood
Land UseResidential
Legal DescriptionLT 8 BLK 2 SOUTHWOOD
Census Tract312902
Assessed Land Value$158,700
Assessed Improvement Value$195,823
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
$202,398Estimated Mortgage Balance
$290,602Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,958 /month
Positive
Cash Flow Estimate:
$986 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$824/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,418
$354,523
2025
$158,700
$195,823
$354,523
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,418
$354,523
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Conventional
$228,750
No
First
Jun 29, 2020
Jul 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$202,398
$290,602
58%
41%
$1,372/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,372/mo
+$854/mo
5.4%
