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$493,000

NAL Estimated Property Value

4612 Indie Heights Ln, Houston, TX, 77018

Off MarketInfo
CommercialInfo
Beds3 Beds
Baths3 Bath
Baths3,610 Sq Ft
Multi FamilyMulti Family
price_per_sqft$117.73 / sqft
Year BuiltBuilt in 2024

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Microwave, Dishwasher, Refrigerator

Exterior

Lot Size2,052 sqft

Building Information

Year Built2023
Garage Spaces3

Land Information

APN1459770040003
Lot Number3
Land UseResidential Duplex
Legal DescriptionLT 3 BLK 1 THORNTON INDIE HEIGHTS R/P
Census Tract530600
Assessed Land Value$95,245
Assessed Improvement Value$314,643
Assessment Year2025

About this property

GPS 407 Thornton. Fourplexes Featuring 2 UNITS of 2 bed/2 bath and 2 UNITS of 1 bed/1 bath with garages. Why Indie Heights community? Unbeatable LOCATION!!! Brand new construction & Modern FOUR-PLEXES. Affordable price. Minimalist, spacious & openness vibe. Stylish finishes including Quartz counters, Subway & Hex tile in baths, Plank flooring. No carpet/ easy maintenance. Full Appliances package, blinds, remote garage, 10-Foot ceilings, island kitchens, ceiling fans. Gated community, green space. Ideal for investors or live in one unit and rent out the other for passive income. $trong rental demand in the area. Strategically nestled in the LIVELY neighborhood of Independent Heights & proximity to Garden Oaks- all the fabulous shopping, restaurants, conveniences, nightlife, and quick hop to downtown Houston . Fantastic Opportunity! Come see TODAY. Use GPS 407 Thornton to get to the property

Investor Tools

Property Icon
$493,000
Estimated Property Value
$400,125Estimated Mortgage Balance
$92,875Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,958 /month
Positive
Cash Flow Estimate:
$986 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$641/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,226
$409,888
2025
$95,245
$314,643
$409,888
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,226
$409,888

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Equity Prime Mortgage Llc
Fha
$412,392
Yes
First
Sep 27, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$400,125
$117,875
22%
81%
$2,473/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,773/mo
$-1,051/mo
4.2%

City: Houston

4612 Indie Heights Ln | Property Details | No Agent List