Last 24 Hours
$294,900
495 Genoa Red Bluff Road, Houston, TX, 77034
On Market
3 Beds
1 Bath
1,250 Sq Ft
Single Family Residence
$235.92 / sqft
Built in 1984Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 1
Garage Available
Heating Central
CoolingExterior
Lot Size1.01 acres
Building Information
Year Built1984
Stories1
Garage Spaces2
Land Information
APN0612110000038
SubdivisionRoss J O
Land UseResidential
Legal DescriptionTR 16G BLK 2 ROSS J O
Census Tract324000
Assessed Land Value$175,216
Assessed Improvement Value$85,237
Assessment Year2025
About this property
This property, located directly off Genoa Red Bluff and surrounded by commercial and industrial properties, sits on just over an acre and includes a home that requires a full rehab to reach its full market potential. Whether you’re an investor looking for a rehab project or a developer seeking land in a high-growth corridor, this package delivers tremendous upside.
Investor Tools
$64,281Estimated Mortgage Balance
$227,719Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,769 /month
Positive
Cash Flow Estimate:
$590 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$369/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,968
$260,453
2025
$175,216
$85,237
$260,453
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,968
$260,453
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Unknown
$124,750
No
First
Aug 10, 2007
Sep 2037
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$64,281
$227,719
77%
22%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
7.1%
12.4%