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$495,000

NAL Estimated Property Value

408 Tabor St, Houston, TX, 77009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,274 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$321.04 / sqft
Year BuiltBuilt in 1942

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1942
Garage Spaces2

Land Information

APN0330780000002
Lot Number2
SubdivisionBrooke Smith
Land UseResidential
Legal DescriptionLT 2 BLK 12 BROOKE SMITH
Census Tract511600
Assessed Land Value$300,000
Assessed Improvement Value$167,121
Assessment Year2025

About this property

Charming bungalow in the Greater Heights area. Nestled in the booming neighborhood of Brookesmith. Home features inviting front porch with great backyard space. Large primary bedroom with additional flex space for kids playroom, sitting area, office or even a 2nd bathroom. Natural light and fabulous hardwood floors. Utility room in home. Quick access to I-45 and 610. Close to downtown. Nearby shopping, parks and restaurants. Two car tandem carport. **HVAC and gas range replaced in 2020, refrigerator and dishwasher replaced in 2019, added parking spaces in front of house and back patio in 2018 and new shed added in 2017 per Seller.

Investor Tools

Property Icon
$495,000
Estimated Property Value
$331,218Estimated Mortgage Balance
$163,782Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$994/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,458
$467,121
2025
$300,000
$167,121
$467,121
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,458
$467,121

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Angel Oak Mortgage Solutions Llc
Conventional
$360,000
No
First
Feb 7, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$331,218
$135,903
29%
67%
$2,159/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,159/mo
$-437/mo
4.2%

City: Houston

408 Tabor St | Property Details | No Agent List