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$188,492

NAL Estimated Property Value

801 Redondo Drive, Houston, TX, 77015

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,398 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$92.27 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

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

Exterior

Lot Size11,456 sqft

Building Information

Year Built1955
Stories1
Garage Spaces6

Land Information

APN0820700000803
SubdivisionHome Owned Estates
Land UseResidential
Legal DescriptionLT 18O3 BLK 64 HOME OWNED ESTATES SEC 5
Census Tract233200
Assessed Land Value$61,240
Assessed Improvement Value$127,252
Assessment Year2025

About this property

Opportunity awaits at 801 Redondo Dr, Houston, TX 77015! This investor-friendly property is priced to move and offers incredible potential for the right buyer. Built with solid brick construction, this home sits on a spacious corner lot—one of the largest in the neighborhood—and features generous square footage throughout. A detached garage with a dedicated workshop adds even more value and versatility. With strong upside and limited time to act, this is a deal you don’t want to miss!

Investor Tools

Property Icon
$188,492
Estimated Property Value
$33,651Estimated Mortgage Balance
$154,841Estimated Equity
82% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,131 /month
Positive
Cash Flow Estimate:
$377 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$84/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$70
$188,492
2025
$61,240
$127,252
$188,492
No

Tax History

Year
Tax Paid
Assessed Value
2024
$70
$188,492

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New Century Mortgage Corp
Unknown
$83,000
No
First
Sep 14, 2004
Oct 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$33,651
$154,841
82%
18%
$498/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$498/mo
+$1,224/mo
11.0%

Learn About the Market: Opportunity in Houston

Local Market Pages
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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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801 Redondo Drive | Property Details | No Agent List