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$287,000

NAL Estimated Property Value

931 Mitchell Rd, Houston, TX, 77037

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,186 Sq Ft
price_per_sqft$251.6 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

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

Exterior

Lot Size1.00 acres

Building Information

Year Built1949
Stories1
Garage Spaces2

Land Information

APN0650480000021
SubdivisionSamuel G Powell
Land UseResidential
Legal DescriptionTR 17 SAMUEL G POWELL
Census Tract221702
Assessed Land Value$130,725
Assessed Improvement Value$131,536
Assessment Year2025

About this property

Endless potential awaits with this 1-acre property in a prime location, offering the perfect blend of residential and commercial possibilities. With no restrictions, this open canvas is ready for you to bring your vision to life whether you’re looking to build, invest, or create the perfect live/work setup. The property features horse stables and a pen already in place, making it ideal for equestrian use or conversion into another income-producing venture. The main home offers 3 bedrooms and 2 baths with some improvements already started—an excellent project for customization.As a bonus, the property includes a container home (1 bed / 1 bath), adding extra value and flexibility for guests, rental income, or personal use.This unique property will be sold as-is. Don’t miss the chance to turn this into your dream investment or business opportunity.

Investor Tools

Property Icon
$287,000
Estimated Property Value
$0Estimated Mortgage Balance
$287,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$440/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,844
$262,261
2025
$130,725
$131,536
$262,261
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,844
$262,261

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$294,000
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
7.2%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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931 Mitchell Rd | Property Details | No Agent List