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$248,000

NAL Estimated Property Value

3524 Ruth St, Houston, TX, 77004

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,044 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.03 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,146 sqft

Building Information

Year Built1950
Stories1
Garage Spaces1

Land Information

APN0740170020007
Lot Number7
SubdivisionCanfield Oaks
Land UseResidential
Legal DescriptionLT 7 BLK 2 CANFIELD OAKS
Census Tract312800
Assessed Land Value$157,950
Assessed Improvement Value$79,561
Assessment Year2025

About this property

Property currently occupied. Tenants will move out at the end of April. Estate Sale, current seller has no detailed information about property. Please do your due diligence and verify all information including room dimensions. Selling AS-IS/where is Centrally located and in walking distance to Texas Southern University and 2 minutes from the University of Houston. The possibilities for this home are endless. Investors welcomed.

Investor Tools

Property Icon
$248,000
Estimated Property Value
$211,332Estimated Mortgage Balance
$36,668Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,488 /month
Positive
Cash Flow Estimate:
$496 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$549/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,353
$237,511
2025
$157,950
$79,561
$237,511
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,353
$237,511

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ntfn Inc
Conventional
$218,250
No
First
Feb 24, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$211,332
$57,668
21%
85%
$1,349/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,349/mo
$-42/mo
6.3%

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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3524 Ruth St | Property Details | No Agent List