$201,069
NAL Estimated Property Value8703 Othello St, Houston, TX, 77029
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesDisposal, Ice Maker, Electric Oven, Dishwasher
FlooringTile, Wood
Exterior
Lot Size6,660 sqft
Building Information
Year Built1955
Stories1
Garage Spaces1
Land Information
APN0813540000489
Lot Number489
SubdivisionPleasantville
Land UseResidential
Legal DescriptionLT 489 BLK 20 PLEASANTVILLE SEC 6
Census Tract212500
Assessed Land Value$48,640
Assessed Improvement Value$152,429
Assessment Year2025
About this property
VERY DESIRABLE AREA! CLOSE TO DOWNTOWN HOUSTON! INSIDE 610 LOOP. Nice 3/2 in good condition with recent upgrades including new kitchen. Fresh paint, recent new fixtures and original wood flooring. Great 1st time buyer home or excellent investment property. Priced to sell quick.
Investor Tools
$201,069
Estimated Property Value
$184,289Estimated Mortgage Balance
$16,780Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,206 /month
Positive
Cash Flow Estimate:
$402 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$297/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,554
$201,069
2025
$48,640
$152,429
$201,069
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,554
$201,069
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$191,468
Yes
First
Apr 30, 2024
May 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$184,289
$16,780
8%
92%
$1,148/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,148/mo
+$574/mo
10.3%
