$375,000
NAL Estimated Property Value711 E Burress Street, Houston, TX, 77022
Off Market
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesGas Oven, Gas Range
Exterior
Lot Size1.18 acres
Land Information
APN0612150000111
Lot Number111
SubdivisionGarden Acres
Land UseResidential
Legal DescriptionLT 111 & TR 112A GARDEN ACRES
Census Tract220500
Assessed Land Value$262,355
Assessment Year2025
About this property
Opportunity to own and develop over an acre of land in quickly growing Houston Northside. Can be used for either commercial or residential purposes. Central location with I-45 down the road and Downtown Houston a short drive away. Plenty of new development in the area, take this opportunity to expand your business, build your dream home with room to stretch, or subdivide and build.
Investor Tools
$375,000
Estimated Property Value
$0Estimated Mortgage Balance
$375,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$614/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,489
$262,355
2025
$262,355
N/A
$262,355
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,489
$262,355
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$375,000
100%
0%
$0/mo
