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$271,000

NAL Estimated Property Value

5531 Farley Drive, Houston, TX, 77032

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths2,018 Sq Ft
price_per_sqft$108.47 / sqft
Year BuiltBuilt in 1983

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
FlooringCarpet, Vinyl

Exterior

Lot Size6,373 sqft

Building Information

Year Built1983

Land Information

APN1020040000042
Lot Number23
SubdivisionFountain View
Land UseResidential
Legal DescriptionLT 23 BLK 6 FOUNTAIN VIEW SEC 2
Census Tract222701
Assessed Land Value$37,595
Assessed Improvement Value$192,965
Assessment Year2025

About this property

Occupied Duplex for sale to investors. This building has two 2 bedroom - 1 bath units that are currently tenant occupied. DRIVE BY ONLY. DO NOT DISTURB THE TENANTS. The building exterior has recent paint and the shingles were replaced in 2021. The property will be sold with any existing tenants in place. The security deposit and any prorated rents will be transferred to the buyer at closing.

Investor Tools

Property Icon
$271,000
Estimated Property Value
$155,832Estimated Mortgage Balance
$115,168Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,626 /month
Positive
Cash Flow Estimate:
$542 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$288/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,103
$230,560
2025
$37,595
$192,965
$230,560
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,103
$230,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Us Bank Na
Conventional
$168,750
No
First
Apr 27, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,832
$115,168
42%
58%
$1,012/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,012/mo
+$1,214/mo
9.9%

City: Houston