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$221,629

NAL Estimated Property Value

517 Marleen St, Houston, TX, 77034

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,368 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.2 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,900 sqft

Building Information

Year Built1955
Stories1
Garage Spaces1

Land Information

APN0832900000007
Lot Number7
SubdivisionFreeway Manor
Land UseResidential
Legal DescriptionLT 7 BLK 47 FREEWAY MANOR SEC 5
Census Tract320902
Assessed Land Value$65,550
Assessed Improvement Value$156,079
Assessment Year2025

About this property

Great starter home for any family! This property offers 3 bedrooms and 1 full bath, plus an additional converted bedroom with its own full bath for extra convenience. The home features flooring throughout, no carpet! The kitchen includes a separate dining area, creating a functional layout distinct from the living room, perfect for family gatherings. Located near schools, major roads, and parks, this home is in a prime spot for everyday living. The backyard is generously sized, ideal for outdoor entertaining or relaxing evenings. Don’t miss the chance to see this property, schedule a showing today!

Investor Tools

Property Icon
$221,629
Estimated Property Value
$194,035Estimated Mortgage Balance
$27,594Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,330 /month
Positive
Cash Flow Estimate:
$443 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$261/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,018
$221,629
2025
$65,550
$156,079
$221,629
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,018
$221,629

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Department Of Housing & Community
Unknown
$238,646
No
First
May 19, 2017
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,035
$27,594
12%
88%
$1,431/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,431/mo
+$291/mo
9.3%

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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517 Marleen St | Property Details | No Agent List