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$251,958

NAL Estimated Property Value

3702 Grassmere St, Houston, TX, 77051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,279 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$168.1 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Free-Standing Range, Dishwasher, Oven
FlooringTile

Exterior

Lot Size7,000 sqft

Building Information

Year Built2005
Garage Spaces3

Land Information

APN0771850100005
Lot Number5
SubdivisionCarolina Gardens
Land UseResidential
Legal DescriptionLT 5 BLK 10 CAROLINA GARDENS SEC 1
Census Tract331300
Assessed Land Value$73,500
Assessed Improvement Value$178,458
Assessment Year2025

About this property

Well maintained home nestled just minutes from Downtown and the Medical Center. Home features 3 bedrooms and 2 bathrooms with a detached shed for tools and even a detached room that was currently used as a man cave but the options are endless. Low tax rate of 2.3% and No HOA! Home is fully fenced and even offers an automatic sliding metal front gate that opens and closes with just the press of a button. Home offers plenty of parking, underneath the 2 car covered carport as well as paved side parking. Never flooded. Schedule your showing today!

Investor Tools

Property Icon
$251,958
Estimated Property Value
$142,117Estimated Mortgage Balance
$109,841Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,512 /month
Positive
Cash Flow Estimate:
$504 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$626/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,256
$251,958
2025
$73,500
$178,458
$251,958
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,256
$251,958

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Conventional
$156,520
No
First
Jul 27, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$142,117
$109,841
43%
56%
$939/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$939/mo
+$783/mo
8.2%

City: Houston

3702 Grassmere St | Property Details | No Agent List