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$510,618

NAL Estimated Property Value

916 Fairbanks St, Houston, TX, 77009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,538 Sq Ft
price_per_sqft$278.93 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,950 sqft

Building Information

Year Built1940
Stories1
Garage Spaces1

Land Information

APN0660640120004
Lot Number4
SubdivisionLindale Park
Land UseResidential
Legal DescriptionLT 4 & TR 5A BLK 12 LINDALE PARK SEC 2
Census Tract210600
Assessed Land Value$216,913
Assessed Improvement Value$293,705
Assessment Year2025

About this property

This bungalow offers three bedrooms, two full baths and lots of charm. New electrical, plumbing, roof, HVAC, energy efficient windows... beautiful, classic finishes and huge back yard make it too sweet to pass up. Don't miss the two car garage - hard to find in coveted Lindale Park! Home has been freshly painted and the wood are freshly polished. Appliances are spotless and it even comes with a bonus stainless refrigerator! It's cute as a button and move in ready!

Investor Tools

Property Icon
$510,618
Estimated Property Value
$171,517Estimated Mortgage Balance
$339,101Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,064 /month
Positive
Cash Flow Estimate:
$1,021 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$884/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,059
$510,618
2025
$216,913
$293,705
$510,618
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,059
$510,618

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$190,000
No
First
Apr 29, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$171,517
$344,483
66%
34%
$1,140/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,140/mo
+$582/mo
4.0%

City: Houston

916 Fairbanks St | Property Details | No Agent List