$510,618
NAL Estimated Property Value916 Fairbanks St, Houston, TX, 77009
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
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
$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
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%
