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$174,384

NAL Estimated Property Value

8588 Ariel St, Houston, TX, 77074

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,600 Sq Ft
price_per_sqft$84.38 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Range
FlooringCarpet, Tile

Exterior

Lot Size1,133 sqft

Building Information

Year Built1977
Stories2

Land Information

APN1054680000012
SubdivisionBelmont Park
Land UseResidential
Legal DescriptionUNIT 12 BELMONT PARK SEC 1 4TH R/P
Census Tract422900
Assessed Land Value$28,899
Assessed Improvement Value$145,485
Assessment Year2025

About this property

WOW A MUST SEE 3 beds, 2.5 baths! Make your own memories here in this cute and beautiful 2 story Townhome that has been updated throughout. This home shows with pride in ownership with an amazing huge completely refinished Kitchen, A/C recently installed 10/10/2019, 14.5 SEER condenser, 4 tons, Pan, lines float, vents, Return grill, UV light, thermostat, etc., covered patio. Perfect for entertainment, living room, recently painted and much, much more to offer. Quiet and safe enclosed neighborhood with pool and playground for the complex. Water is included in HOA. This home is near the entrance few steps away from community park near the community pool. Serene atmosphere and beautiful landscaping throughout community. Walking distance to shopping centers. Easy access to major freeways. Come make this home yours! It's a Must See! Invest in your future, claim your castle now! Room dimensions are approximate only and must be verified. Tambien Hablo Espanol.

Investor Tools

Property Icon
$174,384
Estimated Property Value
$115,082Estimated Mortgage Balance
$59,302Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,046 /month
Positive
Cash Flow Estimate:
$349 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$238/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,989
$174,384
2025
$28,899
$145,485
$174,384
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,989
$174,384

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Panorama Mortgage Group Llc
Conventional
$129,010
No
First
Oct 20, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$115,082
$59,302
34%
66%
$774/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,024/mo
+$698/mo
11.8%

City: Houston

8588 Ariel St | Property Details | No Agent List