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$166,000

NAL Estimated Property Value

3637 Chimira Ln, Houston, TX, 77051

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths864 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$242.94 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating

Exterior

Lot Size6,599 sqft

Building Information

Year Built1950
Stories1
Garage Spaces1

Land Information

APN0811350000018
Lot Number18
SubdivisionScottcrest
Land UseResidential
Legal DescriptionE 60 FT OF LT 18 BLK 6 SCOTTCREST
Census Tract331300
Assessed Land Value$51,952
Assessed Improvement Value$47,986
Assessment Year2025

About this property

Over 14000 square feet of frontage on Scott ST. Investors welcome. New construction, commercial build. Property has a single family home, comes with two lots side by side facing Scott. Up and coming area, corner to corner. Second lot is 0 Corksie St. tenant occupied at single family house. Updated home. Value is in the dirt. Great location with new construction coming in. Close to 288 and 610. Make your appointment today.

Investor Tools

Property Icon
$166,000
Estimated Property Value
$1,074,274Estimated 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
$1,259 /month
Positive
Cash Flow Estimate:
$420 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$258/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,266
$99,938
2025
$51,952
$47,986
$99,938
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,266
$99,938

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ready Capital Corp
Unknown
$1,157,000
No
First
Jul 15, 2022
Jul 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,074,274
N/A
0%
647%
$6,937/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$6,937/mo
$-5,215/mo
12.4%

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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3637 Chimira Ln | Property Details | No Agent List