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$230,000

8603 Braes River Dr, Houston, TX, 77074

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,656 Sq Ft
price_per_sqft$138.89 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating

Exterior

Lot Size8,041 sqft

Building Information

Year Built1959
Stories1
Garage Spaces2

Land Information

APN0924180000016
Lot Number16
SubdivisionSharpstown
Land UseResidential
Legal DescriptionLT 16 BLK 20 SHARPSTOWN SEC 3
Census Tract422800
Assessed Land Value$112,800
Assessed Improvement Value$110,097
Assessment Year2025

About this property

Fantastic opportunity in a highly convenient Houston location! This property is being sold AS IS, offering endless potential for investors, builders, or buyers ready to renovate and make it their own. Ideally situated just minutes from US-59/I-69, you'll enjoy quick access to the Texas Medical Center, Galleria, Downtown Houston, and countless shopping, dining, and entertainment destinations. Whether commuting for work or exploring the city, this location makes getting anywhere a breeze. Another standout feature is the low property tax rate and low annual HOA dues, helping keep long-term ownership costs affordable. With its unbeatable location, excellent accessibility, and tremendous upside, this property presents a rare opportunity to add value in an established neighborhood. Don't miss your chance to unlock its full potential! Property is being sold AS IS.

Investor Tools

$0Estimated Mortgage Balance
$222,897Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

Interested in this property?

Jeffrey Jin

KingFay Inc

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$97/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$50
$222,897
2025
$112,800
$110,097
$222,897
No

Tax History

Year
Tax Paid
Assessed Value
2024
$50
$222,897

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$222,897
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$250/mo
+$1,472/mo
9.3%

City: Houston

8603 Braes River Dr | Property Details | No Agent List