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$261,000

NAL Estimated Property Value

611 Spell St, Houston, TX, 77022

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,284 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$183.02 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size8,063 sqft

Building Information

Year Built1956
Stories1
Garage Spaces1

Land Information

APN0841240000052
Lot Number52
SubdivisionGlenburnie
Land UseResidential
Legal DescriptionLT 52 BLK 9 GLENBURNIE SEC 3
Census Tract530501
Assessed Land Value$118,950
Assessed Improvement Value$142,050
Assessment Year2025

About this property

Completely remodeled 4 bedrooms 2 bathrooms 1 car garage home near I-45 and 610. Everything new: Windows, doors, insulation, floors, bathrooms, kitchen cabinets and countertops, gas stove, microwave and dishwasher. Refry included. Please check the virtual tour link to appreciate this awesome home.

Investor Tools

Property Icon
$261,000
Estimated Property Value
$218,011Estimated Mortgage Balance
$42,989Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,566 /month
Positive
Cash Flow Estimate:
$522 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$358/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,988
$261,000
2025
$118,950
$142,050
$261,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,988
$261,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
T2 Financial Llc
Fha
$235,653
Yes
First
May 18, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,011
$42,989
16%
84%
$1,413/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,413/mo
+$309/mo
7.9%

City: Houston

611 Spell St | Property Details | No Agent List