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$1,650,000

NAL Estimated Property Value

5110 Allison Road, Houston, TX, 77048

Off MarketInfo

About this property

Large, ready to build on land tract located in redeveloping area. Nearby new development includes single family housing, rental housing, industrial and business uses as well as new commercial development. Property is located 2 miles from Beltway 8, 3 miles from 288/South Freeway, 8 miles from the Texas Medical Center, 14 miles from downtown Houston. Property includes city sewer, electricity and nearby water access and is READY for development. Assemblage of about additional 5-10 acres maybe possible as well.

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Property Icon
$1,650,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,650,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,900 /month
Positive
Cash Flow Estimate:
$3,300 /month

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Financing Details

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

City: Houston

5110 Allison Road | Property Details | No Agent List