NoAgentList RatingHow are grades calculated?

2view

$222,000

4935 Falvey St, Houston, TX, 77017

Off Market

3 Beds

2 Bath

1,377 Sq Ft

Single Family Residence

$137.98 / sqft

Built in 1955

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Range, Dryer, Refrigerator, Washer

FlooringCarpet, Laminate, Tile

Exterior

Lot Size6,460 sqft

Building Information

Year Built1955

Stories1

Garage Spaces2

Land Information

APN0771780400009

Lot Number9

SubdivisionOak Meadows

Land UseResidential

Legal DescriptionLT 9 BLK 40 OAK MEADOWS SEC 2

Census Tract320500

Assessed Land Value$65,266

Assessed Improvement Value$139,441

Assessment Year2025

About this property

Great, One Story Home with Lots of Updates! Kitchen is a Chef's Delight w/ Stainless Steel Appliances including a 5 Burner Gas Range & Refrigerator! Large, Living Area with Laminate Wood Floors, Cedar Wood Ceiling and LOTS of Room to Entertain Friends and Family. Primary Bedroom has Two Closets; One with Barn Doors and Large Walk In Closet off Bath with Shower. Den has Lots of Room with Barn Doors and Could be Used as a Study/Work Area. So Many Wonderful Updates Such as: Roof-2019, Two Car Carport-2019, HVAC-2018, Water Heater-2017, Kitchen Updated-2017, Primary Bath Updated-2017, Wood Laminate Floors-2017 and Entire Home Replaced with PEX Piping-2017. Canvas Cover over Patio Stays. Oak Meadow Park is a Block Away & Elementary School is Close By. Easy Access to 225/610/45 and Close to Shopping, Restaurants and Entertainment. Do Not Let This One Get Away; Make Your Appointment Today!

Investor Tools

$222,000

Estimated Property Value

$152,000Estimated Mortgage Balance

$81,636Estimated Equity

32% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,332 /month

Positive

Cash Flow Estimate:

$444 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$412/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,828

$204,707

2025

$65,266

$139,441

$204,707

Tax History

Year

Tax Paid

Assessed Value

2024

$3,828

$204,707

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Summit Funding Inc

Conventional

$152,000

First

Apr 11, 2022

May 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$140,364

$82,636

37%

63%

$912/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$912/mo

+$395/mo

7.1%

Learn About the Market: Opportunity in Houston

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