2view

Owner Contacts

$480,395

NAL Estimated Property Value

613 Melbourne St, Houston, TX, 77022

Sold

6/24/26

3 Beds

3 Bath

1,960 Sq Ft

$234.69 / sqft

Built in 2025

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave

FlooringCarpet, Tile

Exterior

Lot Size3,502 sqft

Building Information

Year Built2023

Garage Spaces2

Land Information

APN0570610000022

SubdivisionBelt Junction City

Land UseResidential

Legal DescriptionTRS 12B & 13A-1 BLK 72 BELT JUNCTION CITY

Census Tract220200

Assessed Land Value$89,002

Assessed Improvement Value$391,393

Assessment Year2025

About this property

Step into modern living with this stunning newly built 2-story home featuring 3 bedrooms, 2.5 baths, and soaring high ceilings that enhance the spacious feel. Designed with comfort and functionality in mind, this home offers an open-concept layout perfect for everyday living and entertaining. The brand-new construction means everything is fresh, stylish, and built to the latest standards. Upstairs, the primary suite provides a private retreat with a beautifully designed ensuite bath. Two additional bedrooms share a full bath, while a convenient half-bath on the main floor adds extra ease for guests. Don’t miss this opportunity to own a brand-new home with modern finishes and a prime location! Schedule your showing today!

Investor Tools

$480,395

Estimated Property Value

$199,830Estimated Mortgage Balance

$280,565Estimated Equity

58% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,882 /month

Positive

Cash Flow Estimate:

$961 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$278/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$931

$480,395

2025

$89,002

$391,393

$480,395

Tax History

Year

Tax Paid

Assessed Value

2024

$931

$480,395

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Tejas Flipco Financial Llc

Commercial

$216,000

First

Jun 29, 2022

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$199,830

$280,565

58%

42%

$1,296/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,296/mo

+$426/mo

4.3%

Learn About the Market: Opportunity in Houston

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Houston

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From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

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