$215,000
NAL Estimated Property Value3710 Grassmere St, Houston, TX, 77051
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringLaminate, Vinyl
Exterior
Lot Size6,874 sqft
Building Information
Year Built1953
Stories1
Garage Spaces1
Land Information
APN0771850100003
Lot Number3
SubdivisionCarolina Gardens
Land UseResidential
Legal DescriptionLT 3 BLK 10 CAROLINA GARDENS SEC 1
Census Tract331300
Assessed Land Value$72,909
Assessed Improvement Value$46,655
Assessment Year2025
About this property
Beautifully updated home minutes away from Hobby Airport, NRG Park, & Medical Center! This home features new custom cabinets, quartz countertops throughout, stainless steel appliances, two fully updated bathrooms, new vinyl floors, new doors/windows, new plumbing, new electrical, brand new roof & new HVAC system. Come check this one out for yourself, lots more to see here in your future home!
Investor Tools
$215,000
Estimated Property Value
$204,491Estimated Mortgage Balance
$10,509Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,299 /month
Positive
Cash Flow Estimate:
$433 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$155/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$786
$119,564
2025
$72,909
$46,655
$119,564
No
Tax History
Year
Tax Paid
Assessed Value
2024
$786
$119,564
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$207,840
No
First
Jun 27, 2025
Jul 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,491
$10,509
4%
95%
$1,247/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,247/mo
+$475/mo
9.6%
