Last 24 Hours
$179,000
NAL Estimated Property Value718 Branding Iron Ln, Houston, TX, 77060
Off Market
3 Beds
2 Bath
948 Sq Ft
$147.55 / sqft
Built in 1970Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
Bedrooms 3
Bathrooms Full 1Bathrooms Half 1
Garage Available
Heating Central
CoolingExterior
Lot Size6,094 sqft
Building Information
Year Built1970
Stories1
Garage Spaces2
Land Information
APN0923330000027
Lot Number27
SubdivisionColonial Hills
Land UseResidential
Legal DescriptionLT 27 BLK 9 COLONIAL HILLS
Census Tract222402
Assessed Land Value$32,712
Assessed Improvement Value$138,024
Assessment Year2025
About this property
This house will be great and is close to all the amenities including dining, shopping, and easily accessible to schools and lots of jobs. This house is priced to go quick! Room measurements are not exact and should be independently verified.
Investor Tools
$179,000
Estimated Property Value
$156,298Estimated Mortgage Balance
$22,702Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,074 /month
Positive
Cash Flow Estimate:
$358 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$203/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,538
$170,736
2025
$32,712
$138,024
$170,736
Yes (2022)
Tax History
Year
Tax Paid
Assessed Value
2024
$1,538
$170,736
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Salvador E Rivera
Purchase Money Mortgage
$169,880
No
First
Feb 10, 2022
Mar 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$156,298
$27,702
15%
87%
$1,019/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,019/mo
+$703/mo
11.5%
12.4%