$570,000
NAL Estimated Property Value3510 Elmridge St, Houston, TX, 77025
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesMicrowave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Concrete, Tile, Wood
Exterior
Lot Size7,802 sqft
Building Information
Year Built1960
Stories1
Garage Spaces3
Land Information
APN0805930000023
Lot Number23
SubdivisionWoodside
Land UseResidential
Legal DescriptionLT 23 BLK 10 WOODSIDE SEC 2
Census Tract413302
Assessed Land Value$312,000
Assessed Improvement Value$166,984
Assessment Year2025
About this property
Spacious and well-maintained 4-bed 3.5-bath one story home inside of Loop 610; Easy access to Loop 610; close to Medical Center; Gallaria and Downtown! Bellaire High School!
Investor Tools
$570,000
Estimated Property Value
$238,584Estimated Mortgage Balance
$331,416Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,420 /month
Positive
Cash Flow Estimate:
$1,140 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$763/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,309
$478,984
2025
$312,000
$166,984
$478,984
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,309
$478,984
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Western Mortgage Corp
Conventional
$268,000
No
First
Sep 16, 2020
Oct 2035
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$238,584
$344,416
59%
42%
$1,607/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,640/mo
$1,607/mo
+$1,033/mo
5.6%
