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$668,000

NAL Estimated Property Value

504 Fairview Ave, Houston, TX, 77006

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,311 Sq Ft
price_per_sqft$292.08 / sqft
Year BuiltBuilt in 1900

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Water Softener, Gas Oven, Gas Cooktop
FlooringVinyl, Wood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1900
Stories1

Land Information

APN0140580000001
SubdivisionFairview
Land UseResidential
Legal DescriptionTRS 1 & 2 BLK 6 FAIRVIEW
Census Tract410502
Assessed Land Value$500,000
Assessed Improvement Value$132,749
Assessment Year2025

About this property

Nestled in the historic Montrose district, this charming Queen Anne Victorian is just steps away from local dining and coffee shops. The property features a fully fenced yard and a home built in 1900, complete with a unique tower and a large wraparound porch. The interior welcomes you with hardwood floors, high ceilings, plentiful windows, and sophisticated crown molding. The second floor contains a full bathroom with a soaking tub, an additional bedroom, a utility area, and a spacious studio space full of possibilities. Historical features include an operational doorbell from the era, traditional light fixtures, and transom windows.

Investor Tools

Property Icon
$668,000
Estimated Property Value
$141,101Estimated Mortgage Balance
$526,899Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,050 /month
Positive
Cash Flow Estimate:
$1,350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,228/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,395
$632,749
2025
$500,000
$132,749
$632,749
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,395
$632,749

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Schmidt Mortgage Co
Conventional
$216,000
No
First
Aug 31, 2011
Sep 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$141,101
$526,899
78%
21%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
N/A
+$1,640/mo
2.9%

City: Houston