Last 24 Hours
$224,000
NAL Estimated Property Value530 Rainy Meadow Ln, Houston, TX, 77013
Off Market
3 Beds
2 Bath
1,686 Sq Ft
Single Family Residence
$115.66 / sqft
Built in 1960Property Lead Type:
Absentee OwnerMove-In Ready
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Garage Available
Heating Central
CoolingExterior
Lot Size7,318 sqft
Building Information
Year Built1960
Stories1
Garage Spaces2
Land Information
APN0971320000019
Lot Number19
SubdivisionSongwood
Land UseResidential
Legal DescriptionLT 19 BLK 12 SONGWOOD SEC 5
Census Tract232600
Assessed Land Value$34,800
Assessed Improvement Value$188,235
Assessment Year2025
About this property
If your looking for a charming home, well maintained and updated --- look no further, this is the home for you! It's been beautifully updated with a nice size backyard to enjoy family and friends over for gatherings! This home is conveniently located near shopping, dining and entertainment, make it the perfect place to call home!
Investor Tools
$224,000
Estimated Property Value
$185,574Estimated Mortgage Balance
$38,426Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,344 /month
Positive
Cash Flow Estimate:
$448 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$318/month
$20/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,693
$223,035
2025
$34,800
$188,235
$223,035
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,693
$223,035
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$196,377
Yes
First
May 10, 2023
Jun 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$185,574
$37,461
16%
83%
$1,178/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,198/mo
+$524/mo
9.2%
12.4%