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$187,000

NAL Estimated Property Value

723 Grassmont Street, Channelview, TX, 77530

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,082 Sq Ft
price_per_sqft$152.5 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,534 sqft

Building Information

Year Built1967
Stories1
Garage Spaces1

Land Information

APN0985050000028
Lot Number28
SubdivisionSterling Forest
Land UseResidential
Legal DescriptionLT 28 BLK 21 STERLING FOREST SEC 1
Census Tract252400
Assessed Land Value$34,504
Assessed Improvement Value$130,295
Assessment Year2025

About this property

Great home sits on large corner lot with 1 car garage and double-wide driveway. Home is finished with new paint and carpet in bedrooms. Large living room area and dining room. Home is ready for a quick move-in!

Investor Tools

Property Icon
$187,000
Estimated Property Value
$145,319Estimated Mortgage Balance
$41,681Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,122 /month
Positive
Cash Flow Estimate:
$374 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$188/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,327
$164,799
2025
$34,504
$130,295
$164,799
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,327
$164,799

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Fha
$160,047
Yes
First
Jul 28, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$145,319
$41,681
22%
78%
$960/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$960/mo
+$762/mo
11.1%

City: Channelview

723 Grassmont Street | Property Details | No Agent List