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$231,000

NAL Estimated Property Value

511 Eastlake St, Houston, TX, 77034

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,124 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.19 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range
FlooringMarble, Tile, Wood

Exterior

Lot Size8,999 sqft

Building Information

Year Built1955
Stories1
Garage Spaces2

Land Information

APN0840660000013
Lot Number13
SubdivisionFreeway Manor
Land UseResidential
Legal DescriptionLT 13 BLK 61 FREEWAY MANOR SEC 7
Census Tract321002
Assessed Land Value$67,545
Assessed Improvement Value$151,274
Assessment Year2025

About this property

Charming and newly remodeled single story home located on a 0.20 acre lot close to shopping, schools and restaurants. Enter to new wood floors, recessed lighting, new paint, six inch baseboards and an abundance of windows that illuminate the home with morning light. Updated kitchen with granite countertops, 42" custom cabinets with crown molding, stainless steel appliances and new Moen fixtures. Newly remodeled bathroom features granite, a framed mirror and Italian Carrera marble tub surround and flooring. Large pool size backyard with a 400 sq foot covered patio perfect for parties or family get togethers. Tons of upgrades including: new hot water heater 2021, all new PEX plumbing 2021, new 16 seer HVAC 2020, new ceiling fans 2021, new fixtures and door handles 2021, new exterior paint 2021, new two panel interior doors 2020 and epoxy garage floor, back patio and walkway 2021 just to name a few. Hurry and book your viewing today; you will fall in love!

Investor Tools

Property Icon
$231,000
Estimated Property Value
$189,030Estimated Mortgage Balance
$41,970Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,386 /month
Positive
Cash Flow Estimate:
$462 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$280/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,206
$218,819
2025
$67,545
$151,274
$218,819
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,206
$218,819

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$206,610
No
First
Nov 4, 2021
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,030
$29,789
13%
82%
$1,239/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,239/mo
+$483/mo
8.9%

City: Houston

511 Eastlake St | Property Details | No Agent List