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$515,000

3515 Shelby Circle A/B, Houston, TX, 77051

On MarketInfo
Just AddedInfo
CommercialInfo
Beds3 Beds
Baths3 Bath
Baths3,032 Sq Ft
Multi FamilyMulti Family
price_per_sqft$169.85 / sqft
Year BuiltBuilt in 2022

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size5,001 sqft

Building Information

Year Built2022

Land Information

APN0511360070009
Lot Number9
SubdivisionSunnyside Place
Land UseResidential
Legal DescriptionLT 9 BLK 7 SUNNYSIDE PLACE
Census Tract331100
Assessed Land Value$80,000
Assessed Improvement Value$381,343
Assessment Year2025

About this property

Modern duplex featuring two spacious 3-bedroom, 2.5-bath units with contemporary finishes throughout. Each unit offers an open-concept living and dining area, granite countertops, soft-close cabinetry, stainless steel appliances, vinyl plank flooring, central A/C and heating, and a fenced backyard. Conveniently located with easy access to I-610, Hwy 288, Downtown Houston, the Medical Center, and Hobby Airport. Unit A is currently tenant occupied at $1,900/month, providing immediate rental income for investors.

Investor Tools

$491,337Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,090 /month
Positive
Cash Flow Estimate:
$1,030 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$983/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,486
$461,343
2025
$80,000
$381,343
$461,343
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,486
$461,343

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Fha
$470,324
Yes
First
Oct 16, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$491,337
N/A
0%
107%
$3,084/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$3,084/mo
$-858/mo
5.8%

Learn About the Market: Opportunity in Houston

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Explore

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.

Explore Texas Explore This Area
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 Shelby Circle A/B | Property Details | No Agent List