Last 24 Hours
$756,783
NAL Estimated Property Value4525 Balkin St Apt 12, Houston, TX, 77021
$983,818 ARV
Off Market
Commercial
2 Beds
1 Bath
9,000 Sq Ft
$113.89 / sqft
Built in 1964Highlights
Interior
Bedrooms 2
Bathrooms Full 1
Heating Forced Air UnitExterior
Lot Size10,001 sqft
Building Information
Year Built1964
Land Information
APN0581360000009
Lot Number9,10
SubdivisionWilsey South End
Land UseCommercial
Legal DescriptionLTS 9 & 10 BLK 4 WILSEY SOUTH END
Census Tract313500
Assessed Land Value$180,000
Assessed Improvement Value$576,783
Assessment Year2025
About this property
This is an excellent opportunity for a seasoned or first time investor. Optimally located next to University of Houston, Texas Medical Center, and and Downtown Houston. This apartment building is 12 units total. (8) 2 bed 1 bath | (4) 1 bed 1 bath. Over $120k of repairs have been done to the building including: new sewer lines, new electrical panels, remodeled interiors of each of the units as well.
Investor Tools
$756,783
Estimated Property Value
$655,839Estimated Mortgage Balance
$100,944Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$983,818
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,150 /month
Positive
Cash Flow Estimate:
$2,050 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,752/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,246
$756,783
2025
$180,000
$576,783
$756,783
No
Tax History
Year
Tax Paid
Assessed Value
2024
$17,246
$756,783
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citadel Servicing Corporation
Commercial
$682,500
No
First
Mar 26, 2024
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$655,839
$100,944
13%
87%
$4,092/mo
12.4%