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$499,000

6023 Pineshade Lane, Houston, TX, 77008

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,398 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$356.94 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,322 sqft

Building Information

Year Built1954
Stories1
Garage Spaces1

Land Information

APN0812390000003
Lot Number3
SubdivisionTimbergrove Manor
Land UseResidential
Legal DescriptionLT 3 BLK 29 TIMBERGROVE MANOR SEC 6
Census Tract511004
Assessed Land Value$363,000
Assessed Improvement Value$209,102
Assessment Year2025

About this property

Great location at a great price. 2 bedrooms, 2 bathrooms, 1 car garage and recent appliances, a covered patio to enjoy the large backyard. The neighborhood offers miles of jogging and bike trails, parks and a nature reserve just a few steps away. Come see how this neighborhood is being transformed. This recently updated home in Timbergrove Manor offers a lot of possibilities. Great renatal income or build on this lot. Tenants in place offer income while working on engeneering and permits.

Investor Tools

$156,605Estimated Mortgage Balance
$415,497Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,433 /month
Positive
Cash Flow Estimate:
$1,144 /month

Interested in this property?

Henrry Pu

Nan & Company Properties-Galveston Office

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,088/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,193
$572,102
2025
$363,000
$209,102
$572,102
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,193
$572,102

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Gulf Bank Na
Commercial
$180,000
No
First
Nov 14, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$156,605
$415,497
72%
27%
$1,080/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$1,080/mo
+$1,150/mo
4.7%

City: Houston

6023 Pineshade Lane | Property Details | No Agent List