$380,000
90 Burress Street A, Houston, TX, 77022
$387,615 ARV
On Market
Just Added
Property Lead Type:
Deal ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Wood
Exterior
Exterior FeaturesBalcony
Lot Size3,907 sqft
Building Information
Year Built2024
Garage Spaces2
Land Information
APN1428160010001
Lot Number1
Land UseResidential Single Family
Legal DescriptionLT 1 BLK 1 ELMWOOD ESTATES
Census Tract220500
Assessed Land Value$54,179
Assessed Improvement Value$443,588
Assessment Year2025
About this property
ATTENTION FIRST-TIME HOME BUYERS & INVESTORS! This newly built 2-story home in the growing Independence Heights area offers modern design and a functional layout. Features include a first-floor primary suite, 3 additional bedrooms, 2.5 bathrooms, and a game room. Enjoy 10-ft ceilings, abundant natural light, and a private covered patio. Conveniently located with quick access to I-610 & I-45—just minutes from Downtown, The Galleria, and major attractions. No HOA, making it a great opportunity for investors. High demand area—don’t miss out!
Investor Tools
$0Estimated Mortgage Balance
$497,767Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$387,615
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,987 /month
Positive
Cash Flow Estimate:
$996 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$489/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,385
$497,767
2025
$54,179
$443,588
$497,767
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,385
$497,767
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$497,767
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
4.2%
