Last 24 Hours
$2,700
512 Wilmington Dr, Bellaire, TX, 77401
On Market
3 Beds
2 Bath
1,345 Sq Ft
$2.01 / sqft
Built in 1950Property Lead Type:
Absentee OwnerHigh EquityVacant Homes
Highlights
Interior
Bedrooms 3
Bathrooms Full 1
Garage Available
Heating Central
CoolingExterior
Lot Size12,201 sqft
Building Information
Year Built1950
Stories1
Garage Spaces2
Land Information
APN0780370020002
SubdivisionRichmond Post Oaks
Land UseResidential
Legal DescriptionTR 2 BLK 2 RICHMOND POST OAKS
Census Tract412700
Assessed Land Value$533,120
Assessed Improvement Value$66,880
Assessment Year2025
About this property
Very Nice Three-Bedroom Two Bath in the City of Bellaire. Just across the street from Episcopal HS. Zone to the highly acclaimed Bellaire HS. Well-kept 3 Bedroom 2 Bath Home. Very Large Back Yard, perfect for a family. Hurry it will not last. Property available August 01, 2026
Investor Tools
$193,245Estimated Mortgage Balance
$497,667Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,140 /month
Positive
Cash Flow Estimate:
$1,380 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,200/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,949
$600,000
2025
$533,120
$66,880
$600,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$10,949
$600,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Tomoko Abe Olson
Assumption
$230,250
Yes
First
Jun 6, 2018
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$193,245
$478,755
71%
28%
$1,381/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,381/mo
+$579/mo
3.4%
12.4%