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$313,000

NAL Estimated Property Value

3507 Golf Dr, Houston, TX, 77018

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths638 Sq Ft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,059 sqft

Building Information

Year Built1940
Stories1

Land Information

APN0610390000033
SubdivisionGarden Home
Land UseResidential
Legal DescriptionTR 7D GARDEN HOME
Census Tract530200
Assessed Land Value$242,360
Assessed Improvement Value$24,039
Assessment Year2025

About this property

LOT VALUE. The property is conveniently located just outside the inner loop minutes from 610 N. It is close to all the new retail development happening at Ella Blvd and 34th St. It is also surrounded by new residential development in Garden Oaks and Oak Forest. The home has had a new HVAC system installed and the foundation has been leveled and elevated. A developer may consider leasing in the existing home while preparing plan and permits. The existing home can be renovating and square footage can be added or demoed to build a new home. Contact us to schedule a time to visit this opportunity today.

Investor Tools

Property Icon
$313,000
Estimated Property Value
$53,313Estimated Mortgage Balance
$259,687Estimated Equity
82% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,878 /month
Positive
Cash Flow Estimate:
$626 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$595/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,574
$266,399
2025
$242,360
$24,039
$266,399
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,574
$266,399

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Washington Mutual Bank
Purchase Money Mortgage
$80,000
No
First
Jan 23, 2007
Feb 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$53,313
$258,687
82%
17%
$656/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$656/mo
+$651/mo
5.0%

City: Houston

3507 Golf Dr | Property Details | No Agent List