$214,928
NAL Estimated Property Value5747 Reed Road, Houston, TX, 77033
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Oven
FlooringTile, Vinyl, Wood
Exterior
Lot Size7,440 sqft
Building Information
Year Built1960
Stories1
Garage Spaces2
Land Information
APN0870590000032
Lot Number32
SubdivisionEdgewood Terrace
Land UseResidential
Legal DescriptionLT 32 BLK 8 EDGEWOOD TERRACE SEC 2
Census Tract332400
Assessed Land Value$69,700
Assessed Improvement Value$145,228
Assessment Year2025
About this property
3 BED/1.5 BATH/2 CAR ATTACHED GARAGE. THIS HOME WAS GUTTED AND REMODELED IN 2018. UPDATED SHAKER STYLE CABINETS, GRANITE COUNTER TOPS, BACKSPLASH, DOORS, TILE FLOORS, LARGE CLOSETS, STAINLESS STEEL APPLIANCES, WOOD FLOORS, RECESSED LED CAN LIGHTS, AND THE LIST GOES ON AND ON. ALL SELLER OWNED APPLIANCES INCLUDED IN THE SALE. **FRESH PAINT**
Investor Tools
$214,928
Estimated Property Value
$139,777Estimated Mortgage Balance
$75,151Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$380/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,486
$214,928
2025
$69,700
$145,228
$214,928
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,486
$214,928
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Francisca Benavidez Ltd
Purchase Money Mortgage
$150,000
No
First
Sep 15, 2022
Sep 2037
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$139,777
$75,151
34%
65%
$900/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$900/mo
+$822/mo
9.6%
