$119,000
9118 Spaulding Street, Houston, TX, 77016
On Market
Property Lead Type:
BankruptcyAbsentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size6,761 sqft
Building Information
Year Built1946
Stories1
Land Information
APN0710290030076
SubdivisionBarclay Place
Land UseResidential
Legal DescriptionTR 45A BLK 3 BARCLAY PLACE SEC 1
Census Tract230600
Assessed Land Value$48,672
Assessed Improvement Value$31,112
Assessment Year2025
About this property
**INVESTOR SPECIAL** PROPERTY IS SOLD AS-IS WHERE IS. GREAT OPPORTUNITY!
Investor Tools
$55,339Estimated Mortgage Balance
$75,661Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$786 /month
Positive
Cash Flow Estimate:
$262 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$55/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$79,784
2025
$48,672
$31,112
$79,784
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$79,784
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Origin Bank
Commercial
$63,200
No
First
Jan 28, 2020
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$55,339
$75,661
57%
42%
$379/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$379/mo
+$928/mo
12.0%
