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$353,661

NAL Estimated Property Value

8506 Wileyvale Rd, Houston, TX, 77016

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths2 Bath
Baths1,804 Sq Ft
Multi FamilyMulti Family
price_per_sqft$207.87 / sqft
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 4Bathrooms Full 4
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Microwave, Dishwasher
FlooringTile, Vinyl

Exterior

Exterior FeaturesPrivate Entrance
Lot Size5,998 sqft

Building Information

Year Built2023

Land Information

APN1463820010002
Lot Number2
Land UseResidential
Legal DescriptionLT 2 BLK 1 WILEYVALE POINT
Census Tract230300
Assessed Land Value$47,250
Assessed Improvement Value$306,411
Assessment Year2025

About this property

Experience Urban Elegance: Hillstone Homes presents an exquisite new construction duplex just minutes away from the vibrant heart of Downtown Houston. Each meticulously crafted unit boasts 2 bedrooms and 2 full baths, providing the perfect balance of comfort and convenience. Enjoy refined living as you're greeted by the inviting open concept design, adorned with soaring 10' ceilings that create an airy ambiance. The sleek granite counters in the kitchen serve as a focal point, complementing the modern aesthetic. Delight in the privacy of your own fenced backyard, your own private parking space, ensuring convenience for you. Primary suite complete with an ensuite bathroom showcasing a dual vanity and a frameless standing shower. Discover endless possibilities as this property holds potential as an investment property, allowing you to capitalize on Houston's thriving tourism industry. Consider the house hacking, living in 1 unit while renting out the others as a source of passive income

Investor Tools

Property Icon
$353,661
Estimated Property Value
$815,632Estimated Mortgage Balance
$353,661Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$586/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,266
$353,661
2025
$47,250
$306,411
$353,661
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,266
$353,661

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Unknown
$368,207
No
First
Mar 8, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$815,632
N/A
0%
231%
$5,076/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$5,076/mo
$-2,850/mo
7.6%

City: Houston

8506 Wileyvale Rd | Property Details | No Agent List