$2,871,000
NAL Estimated Property Value3703 Olympia Drive, Houston, TX, 77019
Off Market
Property Lead Type:
BankruptcyOff-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDisposal, Electric Oven, Electric Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringBrick, Carpet, Tile, Vinyl, Wood
Exterior
Lot Size11,657 sqft
Building Information
Year Built1950
Garage Spaces3
Land Information
APN0601640810026
Lot Number26
SubdivisionRiver Oaks
Land UseResidential
Legal DescriptionLT 26 BLK 81 RIVER OAKS SEC 11
Census Tract411200
Assessed Land Value$1,509,711
Assessed Improvement Value$186,869
Assessment Year2025
About this property
Bring your remodelers or builders to this heart of the premier River Oaks subdivision. Two towering oak trees greet you on the front elevation. Home has great access to area restaurants, parks, school, and shopping. Existing home has driveway entrances on both Timber and San Felipe. 2nd story garage apartment with bedroom/living room/study area, mini kitchen and full bathroom. The garage apartment also features a bonus bedroom and bath on first floor. Home is surrounded by new construction.
Investor Tools
$2,871,000
Estimated Property Value
$9,498,276Estimated Mortgage Balance
$2,871,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,226 /month
Positive
Cash Flow Estimate:
$5,742 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,154/month
$2,774/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$35,499
$1,696,580
2025
$1,509,711
$186,869
$1,696,580
No
Tax History
Year
Tax Paid
Assessed Value
2024
$35,499
$1,696,580
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Origin Bank
Purchase Money Mortgage
$10,000,000
No
First
Aug 24, 2023
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$9,498,276
N/A
0%
331%
$59,956/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$62,730/mo
$-60,150/mo
1.1%
