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$241,000

NAL Estimated Property Value

990-992 Marjorie Street, Houston, TX, 77088

$313,300 ARVInfo
Off MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths2,556 Sq Ft
price_per_sqft$191.31 / sqft
Year BuiltBuilt in 2025

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size2,975 sqft

Building Information

Year Built2024

Land Information

APN1425000010005
Lot Number5
Land UseResidential Single Family
Legal DescriptionLT 5 BLK 1 MARJORIE SPRINGS
Census Tract533302
Assessed Land Value$62,925
Assessed Improvement Value$107,042
Assessment Year2025

About this property

Both units are currently leased until September 2026, providing immediate rental income and stability for investors. Brand-new duplex situated on a corner lot, each unit boasting a spacious yard. The property is secured with a gated iron fence and showcases modern finishes throughout. Additionally, it has been replatted, allowing for the possibility of selling one unit while keeping the other (990-992 Marjorie – two different addresses). Ideally situated near freeway access and a variety of amenities, this property also comes with the advantage of NO Community Homeowner Association fees and low tax rates.

Investor Tools

Property Icon
$241,000
Estimated Property Value
$0Estimated Mortgage Balance
$241,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$313,300
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,934 /month
Positive
Cash Flow Estimate:
$978 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$210/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,317
$169,967
2025
$62,925
$107,042
$169,967
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,317
$169,967

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$241,000
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
8.6%

City: Houston

990-992 Marjorie Street | Property Details | No Agent List