$255,000
NAL Estimated Property Value511 Avenue D, South Houston, TX, 77587
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood
Exterior
Lot Size7,100 sqft
Building Information
Year Built1957
Stories1
Garage Spaces2
Land Information
APN0341620210014
Lot Number14
SubdivisionSouth Houston
Land UseResidential
Legal DescriptionLT 14 BLK 321 SOUTH HOUSTON
Census Tract321401
Assessed Land Value$85,200
Assessed Improvement Value$130,242
Assessment Year2025
About this property
Charming 4/2 in the heart of South Houston. Plenty of room for the whole family! Covered carport, excellent location right off Spencer, and no HOA! Call to schedule a showing today.
Investor Tools
$255,000
Estimated Property Value
$198,245Estimated Mortgage Balance
$56,755Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$332/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,713
$215,442
2025
$85,200
$130,242
$215,442
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,713
$215,442
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Conventional
$204,000
No
First
Oct 7, 2024
Nov 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,245
$52,755
21%
78%
$1,224/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,224/mo
+$1,002/mo
10.5%
