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$217,000

614 Branding Iron Ln, Houston, TX, 77060

PendingInfo
Beds3 Beds
Baths1 Bath
Baths1,408 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.89 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,985 sqft

Building Information

Year Built1968
Stories1
Garage Spaces2

Land Information

APN0923320000016
Lot Number16
SubdivisionColonial Hills
Land UseResidential
Legal DescriptionLT 16 BLK 8 COLONIAL HILLS
Census Tract222402
Assessed Land Value$32,652
Assessed Improvement Value$140,025
Assessment Year2025

About this property

Welcome to 614 Branding Iron Ln, a beautifully maintained single-story residence with 3 bedrooms and 2 bathrooms. The open-concept floor plan maximizes space, flowing from the inviting living area to a functional kitchen with ample cabinetry. Updated wood look tile throughout! The private primary suite includes an en-suite bath and walk-in closet. Recent updates and neutral tones make this home move-in ready. The converted garage creates a flex space with endless possibilities, currently used as a sports themed game room by the sellers! Outside, a large covered patio and fully fenced backyard offers space for outdoor entertaining, anchored by a mature tree and lush flower beds. Conveniently located near I-45, Beltway 8, and Bush Intercontinental Airport, this property is perfect for commuters. Ideal for first-time buyers or investors. Schedule your private showing today!

Investor Tools

Property Icon
$217,000
Estimated Property Value
$61,775Estimated Mortgage Balance
$122,886Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,317 /month
Positive
Cash Flow Estimate:
$439 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$171/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$962
$172,677
2025
$32,652
$140,025
$172,677
No

Tax History

Year
Tax Paid
Assessed Value
2024
$962
$172,677

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Fha
$61,775
Yes
First
Jul 14, 2016
Aug 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$94,114
$122,886
56%
43%
$671/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$671/mo
+$1,051/mo
9.5%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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614 Branding Iron Ln | Property Details | No Agent List