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$464,747

NAL Estimated Property Value

413 & 415 Hill Road Road, Houston, TX, 77037

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,154 Sq Ft
price_per_sqft$389.95 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Electric Range, Free-Standing Range, Gas Range, Dishwasher, Oven
FlooringWood

Exterior

Lot Size1.46 acres

Building Information

Year Built2000
Garage Spaces4

Land Information

APN0552280030008
Land UseResidential
Legal DescriptionTRS 3B-1 3B-2 & 3B-3 W L HILL
Census Tract222401
Assessed Land Value$255,260
Assessed Improvement Value$209,487
Assessment Year2025

About this property

Investor special, 2 detached homes beautifully located on 1.46 acres 200’ road frontage x 325’ deep (two lots) - Property can be used as commercial. 3 septic systems - All lots share a 475' deep water well - Completely fenced with three sets driveway gates - No restrictions - Conveniently located close to I 45 North, Beltway 8 & The Hardy Toll Road. Property detail on 415 Hill Rd - 3 bedrooms, 1 full bath w/ stand up shower, living room, kitchen and dining area, utility room, double carport, front porch & back porch. 413 Hill Rd - 2 bedrooms, 2 full baths, open concept living room with a Bay window, dining area, kitchen, built in shelves, inside Laundry Utilities, double sided fireplace, long carport, huge enclosed sunroom with a spa jacuzzi. 4 car carport at back of property as well as a large concrete patio area. The manufacture home & shipping containers are NOT included within the sale & will be moved off the property upon closing.

Investor Tools

Property Icon
$464,747
Estimated Property Value
$284,766Estimated Mortgage Balance
$179,981Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,788 /month
Positive
Cash Flow Estimate:
$929 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$575/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,571
$464,747
2025
$255,260
$209,487
$464,747
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,571
$464,747

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Leaderone Financial Corp
Conventional
$311,250
No
First
Nov 24, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$284,766
$179,981
38%
61%
$1,867/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,867/mo
$-560/mo
3.4%

City: Houston

413 & 415 Hill Road Road | Property Details | No Agent List