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$495,000

515 Caplin St, Houston, TX, 77022

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths4 Bath
Baths1,684 Sq Ft
price_per_sqft$293.94 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop
FlooringCarpet, Tile

Exterior

Lot Size5,401 sqft

Building Information

Year Built1940
Garage Spaces2

Land Information

APN0570680000015
SubdivisionBelt Junction City
Land UseResidential
Legal DescriptionTR 16 & TR 15B BLK 79 BELT JUNCTION CITY
Census Tract220200
Assessed Land Value$102,000
Assessed Improvement Value$318,251
Assessment Year2025

About this property

This charming property in North Lindale near downtown offers modern upgrades and a prime location in a desirable neighborhood. Featuring plenty of natural light, a gourmet kitchen for entertaining, a large yard, and a 600 sq/ft garage apartment for rental income. Conveniently located near shopping and dining, this home is perfect for families or individuals seeking comfort and style. Experience modern living at its best in this exquisite property.

Investor Tools

$629,959Estimated Mortgage Balance
$500,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

Interested in this property?

Marcos Rodriguez

Keller Williams Houston Central

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$951/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,910
$420,251
2025
$102,000
$318,251
$420,251
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$8,910
$420,251

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Priority Investor Loans Llc
Open End Mortgage / Open End With Future Advance Clause
$339,280
No
First
Mar 6, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$629,959
N/A
0%
126%
$3,834/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,834/mo
$-2,112/mo
4.1%

City: Houston

515 Caplin St | Property Details | No Agent List