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Owner Contacts

$871,380

NAL Estimated Property Value

516 Teetshorn St, Houston, TX, 77009

Off Market

3 Beds

2 Bath

1,913 Sq Ft

$467.85 / sqft

Built in 1926

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Refrigerator

FlooringTile, Wood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1926

Stories1

Garage Spaces1

Land Information

APN0373100000004

Lot Number4

SubdivisionWoodland Heights

Land UseResidential

Legal DescriptionLT 4 BLK 45 WOODLAND HEIGHTS

Census Tract510301

Assessed Land Value$500,000

Assessed Improvement Value$371,380

Assessment Year2025

About this property

Updated bungalow in Woodland Heights! This charming home offers 3 bedrooms, 2 bathrooms, and beautiful wood floors throughout. The open floor plan seamlessly connects the living area to the spacious kitchen and dining area. Updated kitchen with stainless steel appliances and ample storage. The primary bedroom is a cozy retreat, featuring an en-suite bathroom with a walk-in shower, soaking tub, and dual vanities. The secondary bedrooms come with generous closets and easy access to the secondary bathroom. Enjoy outdoor living with a covered patio and extra green space in the backyard. This home perfectly combines modern amenities with classic charm. You don’t want to miss this opportunity!

Investor Tools

$871,380

Estimated Property Value

$693,002Estimated Mortgage Balance

$178,378Estimated Equity

20% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,370 /month

Positive

Cash Flow Estimate:

$1,790 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,399/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$12,427

$871,380

2025

$500,000

$371,380

$871,380

Tax History

Year

Tax Paid

Assessed Value

2024

$12,427

$871,380

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocket Mortgage Llc

Conventional

$712,000

First

Nov 26, 2024

Dec 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$693,002

$178,378

20%

80%

$4,269/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$4,269/mo

$-2,043/mo

3.1%

Learn About the Market: Opportunity in Houston

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