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$250,000

347 Southbrook Cir, Houston, TX, 77060

On MarketInfo
Beds6 Beds
Baths3 Bath
Baths2,550 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$98.04 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range

Exterior

Lot Size12,240 sqft

Building Information

Year Built1965
Stories1
Garage Spaces3

Land Information

APN0843510000012
Lot Number12
SubdivisionSouthbrook
Land UseResidential
Legal DescriptionLT 12 BLK 9 SOUTHBROOK
Census Tract240102
Assessed Land Value$44,755
Assessed Improvement Value$224,945
Assessment Year2025

About this property

Two homes in one! This completely remodeled property features a 4-bedroom, 2-bath main home plus a separate 2-bedroom, 1-bath garage apartment, ideal for multigenerational living, guests, or rental income. The main home has been fully updated with a brand-new AC and heating system, new tile wood flooring, remodeled bathrooms, and a modern kitchen with granite countertops, cabinetry, and stainless steel appliances. With an open and functional layout, the main residence offers spacious living and dining areas designed for comfort and entertaining. The private 750 sq. ft. garage apartment includes its own kitchen, living area, laundry space, and separate entrance, making it truly move-in ready. Situated on a generous 12,000 sq. ft. lot with NO HOA, this property offers both lifestyle and investment potential in one unique opportunity.

Investor Tools

$120,450Estimated Mortgage Balance
$149,250Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,618 /month
Positive
Cash Flow Estimate:
$539 /month

Interested in this property?

Nicole Quintero

Realty Of America, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$313/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,403
$269,700
2025
$44,755
$224,945
$269,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,403
$269,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Fha
$140,900
Yes
First
Feb 27, 2019
Mar 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$120,450
$149,250
55%
45%
$845/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$845/mo
+$877/mo
7.7%

City: Houston

347 Southbrook Cir | Property Details | No Agent List