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$262,000

NAL Estimated Property Value

518 Betty Sue Ln, Houston, TX, 77047

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,300 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.15 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Double Oven, Gas Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringTile, Vinyl

Exterior

Lot Size10,123 sqft

Building Information

Year Built1955
Stories1

Land Information

APN0861370000005
Lot Number5
SubdivisionAlpha Place
Land UseResidential
Legal DescriptionLT 5 BLK 2 ALPHA PLACE
Census Tract330902
Assessed Land Value$45,563
Assessed Improvement Value$50,762
Assessment Year2025

About this property

Very nice, well-kept super clean and in a quiet neighborhood fully furnished home available for lease. Home is a 3-bedroom 1 bath and there is an additional room that can also be a 4th Bedroom or study room. House will be leased also with all appliances, to include washer, dryer, refrigerator. Utility Room is inside the home with AC & heater. Home has plenty of parking at the front, a large backyard, a quiet tranquil patio surrounded by lots of natural plants, with lots of shade. You don't want to miss out on this one, call today for your private tour and additional details.

Investor Tools

Property Icon
$262,000
Estimated Property Value
$12,054Estimated Mortgage Balance
$249,946Estimated Equity
95% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,572 /month
Positive
Cash Flow Estimate:
$524 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$165/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$672
$96,325
2025
$45,563
$50,762
$96,325
No

Tax History

Year
Tax Paid
Assessed Value
2024
$672
$96,325

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Investex Cu
Unknown
$14,714
No
First
Aug 21, 2017
Sep 2022

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$12,054
$236,946
95%
5%
$89/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$89/mo
+$1,911/mo
9.2%

City: Houston

518 Betty Sue Ln | Property Details | No Agent List