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$215,000

NAL Estimated Property Value

723 Marleen Street, Houston, TX, 77034

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,709 Sq Ft
price_per_sqft$137.51 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size6,900 sqft

Building Information

Year Built1954
Stories1
Garage Spaces3

Land Information

APN0822810000014
Lot Number14
SubdivisionFreeway Manor
Land UseResidential
Legal DescriptionLT 14 BLK 35 FREEWAY MANOR SEC 4
Census Tract320902
Assessed Land Value$65,550
Assessed Improvement Value$146,770
Assessment Year2025

About this property

LIKE NEW CONSTRUCTION- Beautifully completely remodeled home in Freeway Manor subdivision. Upgrades included NEW ROOF, NEW PEX PIPING, NEW ELECTRICAL WIRING, NEW PANEL BOX & SWITCHES, NEW AC CONDENSOR & DUCTS, NEW DRY WALLS & INSULATION, NEW DOUBLE-PANED WINDOWS, NEW DRIVEWAY, NEW PAINT, NEW NEW LAMINATE AND TILE FLOOR, NEW CABINETS, NEW GRANITE AND BACKSPLASH, NEW BATHROOM, NEW DOORS, NEW APPLIANCES, NEW FAUCETS AND SINKS, NEW CEILING FANS AND LIGHTS, NEW GARBAGE DISPOSAL, AND MANY MORE TO NAME. Garage was converted to a study room that can be used as an additional bedroom. Minutes away from downtown Houston, and Hobby airport. Very convenient to shopping, dining and entertainment. Easy access to I-45. Great location for anywhere you want to go. House flooded in Harvey per previous seller.

Investor Tools

Property Icon
$215,000
Estimated Property Value
$202,279Estimated Mortgage Balance
$12,721Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,410 /month
Positive
Cash Flow Estimate:
$470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$313/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,676
$212,320
2025
$65,550
$146,770
$212,320
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,676
$212,320

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
East West Bank
Conventional
$218,250
No
First
Jun 7, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$202,279
$12,721
5%
94%
$1,309/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,309/mo
+$917/mo
12.4%

City: Houston

723 Marleen Street | Property Details | No Agent List