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$325,000

NAL Estimated Property Value

835 Rachel Street, Houston, TX, 77091

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,452 Sq Ft
price_per_sqft$86.02 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size1,664 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APN1454940010004
Lot Number4
Land UseResidential Single Family
Legal DescriptionLT 4 BLK 1 RACHEL MANOR
Census Tract530800
Assessed Land Value$48,245
Assessed Improvement Value$196,695
Assessment Year2025

About this property

This home is in the sought after Highland Heights, and sitting on a 10,900 square foot lot! Excellent investment! With some creativity, turn this into your dreams! Convenient location! Close to major highways, shopping centers, schools, and easy route to downtown area. Schedule your showing today!

Investor Tools

Property Icon
$325,000
Estimated Property Value
$295,959Estimated Mortgage Balance
$29,041Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$220/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,009
$244,940
2025
$48,245
$196,695
$244,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,009
$244,940

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mitchell Mortgage Group Llc
Conventional
$299,900
No
First
Aug 27, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$295,959
$29,041
8%
91%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,799/mo
$-77/mo
6.4%

City: Houston

835 Rachel Street | Property Details | No Agent List