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Owner Contacts

$298,332

NAL Estimated Property Value

424 Neyland St, Houston, TX, 77022

Off Market

3 Beds

1 Bath

1,356 Sq Ft

$173.3 / sqft

Built in 1956

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesFree-Standing Range, Gas Range, Oven

FlooringTile

Exterior

Lot Size7,649 sqft

Building Information

Year Built1956

Stories1

Garage Spaces1

Land Information

APN0620540020004

Lot Number4

SubdivisionWilladale

Land UseResidential

Legal DescriptionLT 4 BLK 2 WILLADALE SEC 2

Census Tract530400

Assessed Land Value$170,775

Assessed Improvement Value$127,557

Assessment Year2025

About this property

3D TOUR ONLINE: Remodeled 3 bed/1 bath Ranch style home perched on a 7,650 sq ft lot, in Houston’s Willadale community in the Independence Heights area! Vibrant freshly painted white exterior w/eye-popping black trim accents & lush landscaping. Beautifully renovated interior was designed to enhance the home’s original open floorplan w/rich hardwood flooring and modern tile throughout, upgraded light fixtures, crisp light painted walls & more! Kitchen was upgraded w/granite counters, tiled backsplash & flooring, brushed nickel hardware, undermounted sink & painted cabinetry. 3 oversized bedrooms w/walls of windows, hardwood flooring, ceiling fans & great sized closets! Gorgeous remodeled bathroom w/huge granite vanity, tile backsplash & shower/tub combo. Great sized utility room in house! Long extended driveway leads to the detached garage and huge backyard! This home is a must see!

Investor Tools

$298,332

Estimated Property Value

$215,939Estimated Mortgage Balance

$82,393Estimated Equity

27% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,790 /month

Positive

Cash Flow Estimate:

$597 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$662/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,452

$298,332

2025

$170,775

$127,557

$298,332

Tax History

Year

Tax Paid

Assessed Value

2024

$6,452

$298,332

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Caliber Home Loans Inc

Fha

$225,834

Yes

First

Nov 18, 2021

Dec 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$215,939

$82,393

27%

72%

$1,411/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,411/mo

+$311/mo

6.9%

Learn About the Market: Opportunity in Houston

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