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$222,000

NAL Estimated Property Value

4503 Bungalow Ln, Houston, TX, 77047

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,450 Sq Ft
price_per_sqft$158.62 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Electric Range, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size6,821 sqft

Building Information

Year Built1965
Stories1
Garage Spaces2

Land Information

APN0971710000006
Lot Number6
SubdivisionParadise Valley
Land UseResidential
Legal DescriptionLT 6 BLK 1 PARADISE VALLEY
Census Tract331501
Assessed Land Value$46,970
Assessed Improvement Value$167,589
Assessment Year2025

About this property

Welcome to your charming single-family home located in the Paradise Valley subdivision. This 1,450 sq.ft home features an open-concept layout, making it ideal for entertaining. At the front of the home, a formal dining room awaits, offering versatility to serve as a dining space or a functional home office. Your primary suite is a true retreat, complete with an en-suite bath featuring a walk-in shower, offering both comfort & luxury. With three bedrooms & two full baths, this home provides the perfect balance of comfort & practicality. Sitting on a 6,820 sq.ft lot, this property provides ample outdoor space to enjoy. Built in 1965, the home retains its timeless appeal while offering endless possibilities for customization. Located in the desirable Medical Center South area, you'll appreciate the convenience of nearby amenities & easy access to main roads. Updates include: HVAC 2018, Roof 2017, PEX 2024 (sewer 2019), Electrical 2018/Partial 2024, Water Heater 2018, and Windows 2018.

Investor Tools

Property Icon
$222,000
Estimated Property Value
$178,402Estimated Mortgage Balance
$43,598Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$446/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,238
$214,559
2025
$46,970
$167,589
$214,559
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,238
$214,559

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$181,600
No
First
May 16, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,402
$43,598
19%
80%
$1,089/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$1,089/mo
+$911/mo
10.8%

Learn About the Market: Opportunity in Houston

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Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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4503 Bungalow Ln | Property Details | No Agent List