$622,938
NAL Estimated Property Value5115 Nett St, Houston, TX, 77007
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesDisposal, Microwave, Gas Range, Dishwasher, Instant Hot Water
FlooringTile, Wood
Exterior
Lot Size2,500 sqft
Building Information
Year Built2022
Garage Spaces2
Land Information
APN1448350010002
Lot Number2
Land UseResidential
Legal DescriptionLT 2 BLK 1 NETT STREET GROVE
Census Tract510602
Assessed Land Value$212,500
Assessed Improvement Value$410,438
Assessment Year2025
About this property
NEW CONSTRUCTION! Located in the highly desirable Rice Military neighborhood. Excellent location with easy freeway access for quick access to Downtown, Galleria and Med Center. Quartz countertops, modern hardware, plentiful natural light, high end appliances, custom cabinetry/millwork, high ceilings and many many more details! Large, spacious bedrooms and massive closets for primary and secondary bedrooms.
Investor Tools
$622,938
Estimated Property Value
$417,502Estimated Mortgage Balance
$205,436Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,774 /month
Positive
Cash Flow Estimate:
$1,258 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,066/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,679
$622,938
2025
$212,500
$410,438
$622,938
No
Tax History
Year
Tax Paid
Assessed Value
2024
$9,679
$622,938
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$440,300
No
First
Jul 31, 2023
Sep 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$417,502
$205,436
32%
67%
$2,640/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,640/mo
$-60/mo
5.0%
