4view

Owner Contacts

$480,869

NAL Estimated Property Value

518 Kelley St, Houston, TX, 77009

Off Market

3 Beds

2 Bath

1,738 Sq Ft

$253.11 / sqft

Built in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

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

FlooringTile

Exterior

Lot Size5,301 sqft

Building Information

Year Built1955

Stories1

Garage Spaces1

Land Information

APN0660630030017

Lot Number17

SubdivisionLindale Park

Land UseResidential

Legal DescriptionLT 17 BLK 3 LINDALE PARK SEC 1

Census Tract210600

Assessed Land Value$172,525

Assessed Improvement Value$308,344

Assessment Year2025

About this property

Welcome to this practically new, modern rustic home! Stripped to the studs in 2020 and brought back to life with new electrical, plumbing, HVAC, double insulated windows, sheet rock, 30 year roof and interior finishes. Open floorplan with views from the living area into the kitchen with SS Samsung appliances, quartz counters, and a massive island. The primary bedroom is huge with spacious passthrough walk-in closet that leads to a stunning primary bath with double sinks and leathered quartz counters. Light and bright secondary bedrooms flank a beautifully updated hall bath. LED lighting, porcelain tile flooring and neutral paint throughout the home with large windows for an abundance of natural light. With charming curb appeal and a backyard waiting for your imagination, this home will not leave you wanting more!

Investor Tools

$480,869

Estimated Property Value

$324,030Estimated Mortgage Balance

$156,839Estimated Equity

32% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,885 /month

Positive

Cash Flow Estimate:

$962 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,039/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,062

$480,869

2025

$172,525

$308,344

$480,869

Tax History

Year

Tax Paid

Assessed Value

2024

$10,062

$480,869

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Highlands Residential Mortgage Ltd

Conventional

$340,000

First

Oct 31, 2023

Nov 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$324,030

$156,839

32%

67%

$2,039/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$2,039/mo

$-317/mo

4.3%

Learn About the Market: Opportunity in Houston

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