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$505,000

$505,000

515 Caplin St, Houston, TX, 77022

On MarketInfo
Just AddedInfo
Price DropInfo
Beds3 Beds
Baths4 Bath
Baths1,684 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$299.88 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListAbsentee 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 Oven, Microwave
FlooringWood

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

Main home is 2 story, 3bed 3.5 bath, each room has its own bathroom. Also, has 1bed with kitchen and bathroom living unit in the back. New Roof. Come and check it out!

Investor Tools

Property Icon
$510,000
Estimated Property Value
$300,000Estimated Mortgage Balance
$0Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,060 /month
Positive
Cash Flow Estimate:
$1,020 /month

Interested in this property?

Jenny Pineda

JLA Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$955/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%
124%
$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%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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515 Caplin St | Property Details | No Agent List