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$563,000

NAL Estimated Property Value

717 Algona Ave, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,668 Sq Ft
price_per_sqft$196.78 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,660 sqft

Building Information

Year Built2015
Garage Spaces1

Land Information

APN1357010040003
Lot Number3
Land UseResidential
Legal DescriptionLT 3 BLK 4 RESERVE AT WASHINGTON SEC 1
Census Tract510902
Assessed Land Value$134,298
Assessed Improvement Value$379,702
Assessment Year2025

About this property

BRING ALL OFFERS, Motivated!-- Experience luxury living in The Heights with this exquisite David Weekley home, situated in a gated neighborhood that offers a community courtyard and dog park. Designed for modern living, the gorgeous kitchen features a large island, wine refrigerator, high ceilings, and ample counter space, making it a chef's dream. The home boasts two spacious living areas, including an upstairs game room, both providing access to stunning patios that are perfect for entertaining or relaxing. The primary suite is thoughtfully situated on its own floor, offering unparalleled privacy and serenity. Additional features include a two-car garage with epoxy floors, adding a touch of sophistication and practicality. This home perfectly blends style, comfort, and convenience, making it an exceptional find in a highly desirable location.

Investor Tools

Property Icon
$563,000
Estimated Property Value
$205,036Estimated Mortgage Balance
$357,964Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,378 /month
Positive
Cash Flow Estimate:
$1,126 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$954/month
$2,550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,635
$514,000
2025
$134,298
$379,702
$514,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,635
$514,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Choice Lending Group Lp
Conventional
$210,000
No
First
Jan 8, 2025
Feb 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$205,036
$333,964
61%
36%
$1,260/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$3,810/mo
$-1,580/mo
4.8%

City: Houston

717 Algona Ave | Property Details | No Agent List