$1,077,731
NAL Estimated Property Value615 Heights Blvd, Houston, TX, 77007
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
FlooringWood
Exterior
Lot Size7,501 sqft
Building Information
Year Built2022
Stories1
Garage Spaces3
Land Information
APN0210080000008
Lot Number8
SubdivisionHouston Heights
Land UseResidential
Legal DescriptionLT 8 BLK 276 HOUSTON HEIGHTS
Census Tract510500
Assessed Land Value$750,000
Assessed Improvement Value$327,731
Assessment Year2025
About this property
Prime location! Located in the Houston Heights on an oversized 7500 square foot lot! This home offers a fabulous opportunity to renovate to your preference! It features a spacious kitchen with plenty of storage, large rooms and closets, original hardwood floors and an oversized 2 car detached garage. Walking trail and nearby restaurants. Residential or Commercial use. Don't miss this opportunity for your home or office in a great location!
Investor Tools
$1,077,731
Estimated Property Value
$846,693Estimated Mortgage Balance
$231,038Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,466 /month
Positive
Cash Flow Estimate:
$2,155 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,135/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,228
$1,077,731
2025
$750,000
$327,731
$1,077,731
No
Tax History
Year
Tax Paid
Assessed Value
2024
$20,228
$1,077,731
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Matthew E Haddock
Stand Alone First / Home Equity First Lien
$700,000
No
First
Dec 16, 2022
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$846,693
$231,038
21%
79%
$5,397/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$5,397/mo
$-3,437/mo
2.2%
