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$421,000

NAL Estimated Property Value

715 E Burress St, Houston, TX, 77022

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,858 Sq Ft
price_per_sqft$252.96 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
HeatingHeating

Exterior

Lot Size29,185 sqft

Building Information

Year Built1940

Land Information

APN0612150000112
SubdivisionGarden Acres
Land UseResidential
Legal DescriptionTR 112 GARDEN ACRES
Census Tract220500
Assessed Land Value$162,833
Assessed Improvement Value$84,358
Assessment Year2025

About this property

Endless possibilities to own and develope over half an acre land in this much acclaimed upcoming area. With just minutes from Downtown and a couple of blocks from Houston Railroad. Home most likely will have to be a tear down so you can build your dream home or better yet a great property for new development.

Investor Tools

Property Icon
$421,000
Estimated Property Value
$0Estimated Mortgage Balance
$421,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,820 /month
Positive
Cash Flow Estimate:
$940 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$177/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20
$247,191
2025
$162,833
$84,358
$247,191
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20
$247,191

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Noah James Burnett
Seller Carryback / Seller Financing / Seller Take-Back
$30,000
No
First
Feb 1, 1995
Feb 2002

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$409,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
4.9%

City: Houston

715 E Burress St | Property Details | No Agent List