$183,000
NAL Estimated Property Value422 Branding Iron Ln, Houston, TX, 77060
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
Exterior
Lot Size5,881 sqft
Building Information
Year Built1970
Garage Spaces2
Land Information
APN0923250000006
Lot Number6
SubdivisionColonial Hills
Land UseResidential
Legal DescriptionLT 6 BLK 1 COLONIAL HILLS
Census Tract222402
Assessed Land Value$32,593
Assessed Improvement Value$134,831
Assessment Year2025
About this property
Nice covered and screened in back patio. Tile floors throughout.
Investor Tools
$183,000
Estimated Property Value
$178,451Estimated Mortgage Balance
$4,549Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,098 /month
Positive
Cash Flow Estimate:
$366 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$202/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,508
$167,424
2025
$32,593
$134,831
$167,424
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,508
$167,424
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kind Lending Llc
Fha
$181,649
Yes
First
May 16, 2025
Jun 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,451
$12,549
6%
98%
$1,090/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,090/mo
+$632/mo
11.3%
