$783,000
NAL Estimated Property Value3747 Gramercy Street, Houston, TX, 77025
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Wood
Exterior
Lot Size7,749 sqft
Building Information
Year Built1948
Stories2
Garage Spaces1
Land Information
APN0720060040008
Lot Number8
SubdivisionBraes Heights
Land UseResidential
Legal DescriptionLT 8 BLK 4 BRAES HEIGHTS SEC 1
Census Tract413100
Assessed Land Value$571,875
Assessed Improvement Value$141,259
Assessment Year2025
About this property
A charming Braes Heights home that is spacious with 4 bedrooms and 3 full baths. Freshly painted interior (2020) with light filled rooms, a large kitchen, den and a study (or 4th bedroom). The screened back porch is perfect for hours of relaxing outside or entertaining space. Lovingly maintained and no flooding (per seller) during Harvey.
Investor Tools
$783,000
Estimated Property Value
$111,054Estimated Mortgage Balance
$671,946Estimated Equity
85% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,698 /month
Positive
Cash Flow Estimate:
$1,566 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$877/month
$370/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,605
$713,134
2025
$571,875
$141,259
$713,134
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,605
$713,134
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Whitney Bank
Conventional
$125,000
No
First
Aug 31, 2020
Sep 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$111,054
$671,946
85%
14%
$750/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,640/mo
$1,120/mo
+$1,520/mo
4.0%
