$248,000
NAL Estimated Property Value607 Gober St, Houston, TX, 77017
Off Market
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesMicrowave, Free-Standing Range, Gas Range, Dishwasher
FlooringVinyl
Exterior
Lot Size6,020 sqft
Building Information
Year Built1955
Stories1
Garage Spaces1
Land Information
APN0832830000048
Lot Number48
SubdivisionOak Meadows
Land UseResidential
Legal DescriptionLT 48 BLK 32 OAK MEADOWS SEC 3
Census Tract320500
Assessed Land Value$65,640
Assessed Improvement Value$83,058
Assessment Year2025
About this property
Welcome to this beautifully updated 3/2/1 home! Covered entry and discover a stunning kitchen with white cabinets, new appliances, quartz countertops, and a custom backsplash. The family room and dining room offer a spacious open area perfect for entertaining. The primary suite features an en suite bathroom, a large closet, and a separate entry to the back patio. Great guest rooms and a large guest bath. Den area, perfect for a game room or study. Outside, you'll find a private yard with an extra-large patio area, ideal for entertaining guests.
Investor Tools
$248,000
Estimated Property Value
$43,462Estimated Mortgage Balance
$204,538Estimated Equity
82% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$226/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,468
$148,698
2025
$65,640
$83,058
$148,698
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,468
$148,698
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gober 607 Trust
Seller Carryback / Seller Financing / Seller Take-Back
$65,000
No
First
Feb 13, 2012
Aug 2030
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$43,462
$206,538
82%
18%
$390/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$390/mo
+$1,836/mo
10.8%
