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$241,080

NAL Estimated Property Value

534 Rainy Meadow Ln, Houston, TX, 77013

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,542 Sq Ft
price_per_sqft$100.45 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher

Exterior

Lot Size7,318 sqft

Building Information

Year Built1965
Garage Spaces1

Land Information

APN0971320000020
Lot Number20
SubdivisionSongwood
Land UseResidential
Legal DescriptionLT 20 BLK 12 SONGWOOD SEC 5
Census Tract232600
Assessed Land Value$34,800
Assessed Improvement Value$206,280
Assessment Year2025

About this property

Investor Special. 3 bedroom 2 bathroom, 2 car garage.. House needs work but has great spaces. The location is near I-10. Easy access to downtown. Bring your clients to tour the property.

Investor Tools

Property Icon
$241,080
Estimated Property Value
$206,125Estimated Mortgage Balance
$34,955Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,446 /month
Positive
Cash Flow Estimate:
$482 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$352/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,015
$241,080
2025
$34,800
$206,280
$241,080
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,015
$241,080

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$218,500
No
First
Apr 28, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$206,125
$34,955
14%
86%
$1,311/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,561/mo
+$161/mo
8.6%

City: Houston

534 Rainy Meadow Ln | Property Details | No Agent List