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$241,000

NAL Estimated Property Value

992 Marjorie Street, Houston, TX, 77088

Off MarketInfo
CommercialInfo
Beds3 Beds
Baths3 Bath
Baths1,256 Sq Ft
price_per_sqft$187.1 / sqft
Year BuiltBuilt in 2025

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dishwasher

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

Discover a fantastic opportunity to own a beautiful unit in a brand-new duplex located on a desirable corner lot. This unit features its own spacious yard, perfect for outdoor enjoyment. The property is secured by a stylish gated iron fence and showcases modern finishes throughout. Conveniently situated near freeway access and a variety of amenities, this home also benefits from NO Homeowner Association fees and low tax rates. Additionally, if desired, the unit can be purchased as part of the duplex, with the other unit already rented for immediate income. Come see it for yourself!

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)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,446 /month
Positive
Cash Flow Estimate:
$482 /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

992 Marjorie Street | Property Details | No Agent List