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$140,000

8511 Findlay St, Houston, TX, 77017

PendingInfo
Beds2 Beds
Baths1 Bath
Baths1,350 Sq Ft
price_per_sqft$103.7 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Range
FlooringTile, Wood

Exterior

Lot Size11,252 sqft

Building Information

Year Built1940
Stories1

Land Information

APN0283310000022
Lot Number16
SubdivisionPark Place Acre Villa
Land UseResidential
Legal DescriptionTR 16A OF LT 16 BLK 18 PARK PLACE ACRE VILLA
Census Tract320202
Assessed Land Value$64,575
Assessed Improvement Value$97,209
Assessment Year2025

About this property

Great remodeling project. Conveniently located 2 minutes from Highway 45 and 610. Oversized lot, mature trees, and no front neighbors provide a serene ambiance. Sims Bayou is across the street with rolling terrain down to the bayou. The home has many original features and prime for a remodeling project. Great project for someone looking to customize their home. Easily add and expand to this home, or convert the entire lot into a large custom project. ESTATE SALE. Limited information available to disclose.

Investor Tools

$23,445Estimated Mortgage Balance
$168,555Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,152 /month
Positive
Cash Flow Estimate:
$384 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$109/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$345
$161,784
2025
$64,575
$97,209
$161,784
No

Tax History

Year
Tax Paid
Assessed Value
2020
$345
$161,784

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Woodforest National Bank
Unknown
$63,600
No
First
Aug 4, 2015
Aug 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$23,445
$168,555
87%
12%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
10.8%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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8511 Findlay St | Property Details | No Agent List