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Owner Contacts

$201,839

846 Redondo Drive, Houston, TX, 77015

Off Market

4 Beds

2 Bath

1,260 Sq Ft

Single Family Residence

$170.63 / sqft

Built in 1955

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher

Exterior

Lot Size8,821 sqft

Building Information

Year Built1955

Stories1

Garage Spaces4

Land Information

APN0820690000791

SubdivisionHome Owned Estates

Land UseResidential

Legal DescriptionLT 1791 BLK 63 HOME OWNED ESTATES SEC 5

Census Tract233200

Assessed Land Value$59,265

Assessed Improvement Value$142,574

Assessment Year2025

About this property

NO HOA and 2.3% tax rate = Affordability HERE! Zoned to highly sought-after, North Shore HS and located minutes from I10, 15 minutes to downtown Houston, your pick of restaurants and shopping within a three-mile radius, 5 minutes from San Jacinto College North Campus, and 5 minutes from Metro’s Maxey Rd. Park and Ride shuttle site for commuting are just many of the reasons why 846 Redondo is PRIME for location and perfect home if you have to commute. Nestled on a quaint tree-lined street, your 4BR/2BATH home has been tastefully updated with cherry natural cabinets/granite countertops in the kitchen, recessed lighting in the kitchen and living, primary bathroom renovated adding a walk-in shower w/porcelain tile, double-pane windows throughout entire home, oversized single car garage, carport, PLUS sellers added the 4th bedroom/2nd bathroom (not included in square footage) making it one of the few 4BRs in the community. ADDED BONUS: No flooding during Harvey and No Back Neighbors!

Investor Tools

$201,839

Estimated Property Value

$0Estimated Mortgage Balance

$123,612Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,290 /month

Positive

Cash Flow Estimate:

$430 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$233/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,782

$201,839

2025

$59,265

$142,574

$201,839

Tax History

Year

Tax Paid

Assessed Value

2024

$1,782

$201,839

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Bokf Na

Conventional

$97,970

First

Oct 14, 2016

Nov 2046

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$78,227

$123,612

61%

39%

$588/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$588/mo

+$1,638/mo

13.2%

Learn About the Market: Opportunity in Houston

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