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$254,000

NAL Estimated Property Value

3622 Sauer Street, Houston, TX, 77004

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,504 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.17 / sqft

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesGas Range, Oven
FlooringCarpet, Laminate, Tile

Exterior

Lot Size4,901 sqft

Building Information

Garage Spaces2

Land Information

APN0191980000013
SubdivisionStevens Tr
Land UseResidential
Legal DescriptionTR 3 STEVENS TR HOLMAN OUTLOT 42
Census Tract312400
Assessment Year2025

About this property

An affordable new home construction coming to Third Ward Houston. Don’t wait to call about this home, it won’t last long. This beautiful contemporary new construction home combines a distinctive open concept living design with functionality and affordability. Offering a stone and brick front exterior with interior amenities to include quartz counter tops, luxury vinyl flooring, stainless steel energy efficient appliances, five inch baseboards, and more. The home is part of the Midtown Redevelopment Authority, CCPPI and the City of Houston’s mission to create affordable new single-family homeownership opportunities throughout Houston.

Investor Tools

Property Icon
$254,000
Estimated Property Value
$2,069,337Estimated Mortgage Balance
$254,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,524 /month
Positive
Cash Flow Estimate:
$508 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$106/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
N/A
2025
N/A
N/A
N/A
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
N/A

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Midtown Redevelopment Authority
Stand Alone Second / Subordinate Position
$2,122,741
No
First
Dec 30, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,069,337
N/A
0%
815%
$12,727/mo

City: Houston

3622 Sauer Street | Property Details | No Agent List