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$224,000

3515 Minglewood Blvd, Houston, TX, 77023

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,469 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.78 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size7,248 sqft

Building Information

Year Built1950
Stories1
Garage Spaces2

Land Information

APN0761260170021
Lot Number21
SubdivisionPine Valley
Land UseResidential
Legal DescriptionLT 21 BLK 17 PINE VALLEY SEC 2
Census Tract311800
Assessed Land Value$69,815
Assessed Improvement Value$125,185
Assessment Year2025

About this property

Adorable home with 2 bedroom + a bonus room, and 2 full baths. The sellers have enjoyed this family home since 1961. The 9x8 Entry has large floor-to-ceiling windows that look onto the front yard. The large 16x13 Dining Room is open to the 12x11 Living Room. There is a 9x8 Bonus Room off the Living. This was being used as an office, but could be 3rd bedroom. Towards the back of the home is the Kitchen with updated granite counters, tile backsplash & a 5 gas burner stove top. The food-bar opens the Kitchen to the Family Room. Tile floors and double French doors that open to the backyard. Hardwood floors in the Entry, Living, Dining and 1 bedroom. The owners moved the washer & dryer hookups into the garage many years ago. There are hook up still located off the family room, behind the paneled walls. 1 car garage attached + 1 carport.

Investor Tools

Property Icon
$224,000
Estimated Property Value
$235,653Estimated Mortgage Balance
$4,408Estimated Equity
-5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$331/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$195,000
2025
$69,815
$125,185
$195,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$195,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Fha
$235,653
Yes
First
Sep 29, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,592
$12,408
5%
98%
$1,413/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,413/mo
+$813/mo
11.9%

Learn About the Market: Opportunity in Houston

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Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

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Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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3515 Minglewood Blvd | Property Details | No Agent List