$257,000
NAL Estimated Property Value9119 W Montgomery Rd, Houston, TX, 77088
Off Market
Property Lead Type:
BankruptcyAbsentee OwnerHigh Equity
Highlights
Interior
FlooringWood
Exterior
Lot Size15,751 sqft
Building Information
Year Built1948
Stories1
Land Information
APN0162630280006
Lot Number28
SubdivisionHighland Acre Homes
Land UseResidential
Legal DescriptionTRS 5 & 6 OF LT 28 BLK 1 HIGHLAND ACRE HOMES
Census Tract533100
Assessed Land Value$157,500
Assessed Improvement Value$38,890
Assessment Year2025
About this property
This property is Located in the heart of Houston Hispanic Center. This property is excellent and ready to be a Fix and Flip Rental opportunity for the property to be converted into a home or small business! It has great potential, especially being a 3 bedroom and 1 bath. Take a chance to check out this incredible opportunity and start your journey with this beautiful potential home!
Investor Tools
$257,000
Estimated Property Value
$146,786Estimated Mortgage Balance
$110,214Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,542 /month
Positive
Cash Flow Estimate:
$514 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$309/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,426
$196,390
2025
$157,500
$38,890
$196,390
Yes (2019)
Tax History
Year
Tax Paid
Assessed Value
2024
$2,426
$196,390
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Linh Khanh Nguyen
Unknown
$112,000
No
First
Oct 18, 2018
Nov 2023
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,786
$71,214
32%
57%
$1,122/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,122/mo
+$600/mo
8.0%
