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Days1091Days on Market
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$293,750

803 Avenue K, South Houston, TX, 77587

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,545 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$190.13 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Trash Compactor, Gas Cooktop
FlooringTile

Exterior

Lot Size7,100 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN0341150280010
Lot Number10
SubdivisionSouth Houston
Land UseResidential
Legal DescriptionLT 10 BLK 228 SOUTH HOUSTON
Census Tract321402
Assessed Land Value$85,200
Assessed Improvement Value$229,421
Assessment Year2025

About this property

Welcome to this attractive one-story REO property featuring three bedrooms, two full bathrooms, and a desirable split floor plan. The open-concept living area flows into the kitchen and breakfast space, creating a comfortable layout for everyday living and entertaining. The kitchen offers granite countertops and a tile backsplash. The primary suite includes a private bathroom with dual sinks, granite countertops, an oversized shower, and a walk-in closet. Additional features include tile flooring throughout, crown molding, an indoor utility room, and a spacious backyard with a covered patio. Schedule your private showing today!

Investor Tools

Property Icon
$314,621
Estimated Property Value
$336,408Estimated Mortgage Balance
$0Estimated Equity
-7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,888 /month
Positive
Cash Flow Estimate:
$629 /month

Interested in this property?

John Williams

Real Estate Options of Texas

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$451/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,840
$314,621
2025
$85,200
$229,421
$314,621
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,840
$314,621

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Va
$336,408
Yes
First
Oct 17, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$326,918
N/A
0%
104%
$2,017/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,017/mo
$-295/mo
6.6%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: South Houston

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803 Avenue K | Property Details | No Agent List