$404,000
NAL Estimated Property Value8221 Tower St, Houston, TX, 77088
Off Market
Highlights
Interior
Exterior
Lot Size7,157 sqft
Land Information
APN0750770010012
Lot Number12
SubdivisionMyrtle Park
Land UseResidential
Legal DescriptionLT 12 BLK 1 MYRTLE PARK
Census Tract533402
Assessed Land Value$70,775
Assessment Year2025
About this property
This expansive lot offers endless possibilities for custom construction in a sought-after location with no limitations. Surrounded by contemporary developments, this prime location is perfect for a single-family home, multi-family residence, townhouse, or duplex. Don't miss the opportunity to bring your dream home to life. With existing water, sewer, and electricity hookups, this lot is ready for your vision to become a reality. Verify all information before making a purchase.
Investor Tools
$404,000
Estimated Property Value
$399,176Estimated Mortgage Balance
$4,824Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,424 /month
Positive
Cash Flow Estimate:
$808 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$238/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$839
$70,775
2025
$70,775
N/A
$70,775
No
Tax History
Year
Tax Paid
Assessed Value
2024
$839
$70,775
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$404,491
No
First
Aug 12, 2025
Sep 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$399,176
$9,824
2%
99%
$2,426/mo
