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$248,454

NAL Estimated Property Value

5605 Wipprecht -Lot Only Street, Houston, TX, 77026

Off MarketInfo
Beds4 Beds
Baths1 Bath
Baths2,180 Sq Ft

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size15,002 sqft

Building Information

Year Built1940
Stories1
Garage Spaces2

Land Information

APN0651280560380
SubdivisionKashmere Gardens Extn
Land UseResidential
Legal DescriptionLT 1380 BLK 56 KASHMERE GARDENS EXTN
Census Tract230200
Assessed Land Value$74,370
Assessed Improvement Value$174,084
Assessment Year2025

About this property

Build or rebuild in the heart of a vibrant and rapidly developing area, just a stone's throw away from the bustling energy of downtown Houston! Home is being SOLD AS IS. The huge lot offers endless possibilities for creating your private oasis. Located less than 10 minutes from the amenities and attractions of downtown Houston, this home combines the tranquility of city living with the convenience of city life. Take advantage of local shopping, dining, and entertainment options without sacrificing the space and peace that this property offers. In a neighborhood brimming with new development, but also promises great potential for future value growth. Don't miss the chance to make this enviable residence your own and plant your roots in an area on the rise!

Investor Tools

Property Icon
$248,454
Estimated Property Value
$177,698Estimated Mortgage Balance
$70,756Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,491 /month
Positive
Cash Flow Estimate:
$497 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$104/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$248,454
2025
$74,370
$174,084
$248,454
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$248,454

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bpl Mortgage Llc
Commercial
$182,000
No
First
Jan 16, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$177,698
$70,756
28%
72%
$1,092/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,092/mo
+$1,134/mo
10.8%

City: Houston

5605 Wipprecht -Lot Only Street | Property Details | No Agent List