$73,000
4110 Howcher St, Houston, TX, 77047
$90,869 ARV
Pending
Property Lead Type:
BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size6,599 sqft
Building Information
Year Built1956
Stories1
Garage Spaces1
Land Information
APN0862100000003
Lot Number3
SubdivisionBayou Terrace
Land UseResidential
Legal DescriptionLT 3 BLK 5 BAYOU TERRACE
Census Tract331501
Assessed Land Value$46,200
Assessed Improvement Value$87,423
Assessment Year2025
About this property
RENOVATION OPPORTUNITY — OWNER-OCCUPANT & REHABBERS WELCOME! Here's your chance to build instant equity - whether you are homeowner ready to make this house your own with sweat equity and a renovation loan or you're an investor running the numbers, this home is PRICED TO MOVE! Original hardwood floors run throughout — a rare find that instantly elevates the finished product, whatever your plan. The classic single-story layout offers a living/dining combo, kitchen, three bedrooms, one bath, and an attached one-car garage. DON'T WAIT ON THIS ONE
Investor Tools
$41,228Estimated Mortgage Balance
$92,395Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$90,868
Rent-to-Value Ratio: 0.72%
Rent Estimate
$802 /month
Positive
Cash Flow Estimate:
$267 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$289/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,796
$133,623
2025
$46,200
$87,423
$133,623
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,796
$133,623
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Financial Freedom Senior Funding Corp
Reverse Mortgage / Hecm
$97,500
No
First
Jan 14, 2005
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$41,228
$92,395
69%
31%
$484/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$484/mo
+$1,516/mo
18.0%
