$178,238
NAL Estimated Property Value4918 Paradise Ln, Houston, TX, 77048
Off Market
Property Lead Type:
BankruptcyAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesDisposal, Free-Standing Range, Dishwasher
Exterior
Lot Size6,599 sqft
Building Information
Year Built1950
Stories1
Garage Spaces1
Land Information
APN0832730000005
Lot Number5,6
SubdivisionSouth Acres Estates
Land UseResidential
Legal DescriptionE 55 FT OF LT 5 & W 5 FT OF LT 6 BLK 9 SOUTH ACRES ESTATES SEC 2
Census Tract331700
Assessed Land Value$59,400
Assessed Improvement Value$118,838
Assessment Year2025
About this property
**AFFORDABLE LUXURY!! A MUST SEE! THIS HOUSE WILL BE MOVE IN READY 2/14/24. Updates will include a designer kitchen with granite countertops, recessed lighting, upgraded stainless steel high-efficiency appliances, a new water heater, a new roof, new soft-close drawers in the kitchen, PEX waterlines, luxury finishes in both bathrooms, new Air conditioning unit, New electrical wiring throughout, fenced backyard.
Investor Tools
$178,238
Estimated Property Value
$179,770Estimated Mortgage Balance
$178,238Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,069 /month
Positive
Cash Flow Estimate:
$356 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$284/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,511
$178,238
2025
$59,400
$118,838
$178,238
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,511
$178,238
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Affordable Mortgage Advisors Llc
Fha
$176,739
Yes
First
Aug 20, 2024
Sep 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,770
N/A
0%
101%
$1,113/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,113/mo
+$609/mo
11.6%
