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$223,000

NAL Estimated Property Value

702 Norell St, Channelview, TX, 77530

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,044 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$105.36 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee OwnerVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Gas Cooktop
FlooringCarpet, Laminate

Exterior

Lot Size6,090 sqft

Building Information

Year Built1955
Stories1
Garage Spaces1

Land Information

APN0823950000015
Lot Number15
SubdivisionShadowglen
Land UseResidential
Legal DescriptionLT 15 BLK 5 SHADOWGLEN SEC 1
Census Tract252400
Assessed Land Value$34,253
Assessed Improvement Value$162,895
Assessment Year2025

About this property

No more showings. Offer accepted awaiting earnest money. Property is being sold in as-is condition. Investors are welcomed to visit on Sunday 11/6 from 12-3pm OPEN HOUSE. NO SHOWINGS UNTIL OPEN HOUSE. One story with great upside for someone willing to put in some work. Check the up and coming surrounding neighborhood comparables and you will see this may be right for you. Plenty of potential. Please do your due diligence.

Investor Tools

Property Icon
$223,000
Estimated Property Value
$226,361Estimated Mortgage Balance
$6,639Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,338 /month
Positive
Cash Flow Estimate:
$446 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$225/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,580
$197,148
2025
$34,253
$162,895
$197,148
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,580
$197,148

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone First Mortgage Inc
Unknown
$216,015
No
First
Mar 27, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,361
$6,639
2%
102%
$1,362/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,362/mo
+$360/mo
9.3%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Channelview

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702 Norell St | Property Details | No Agent List