$130,000
1059 Ferguson Way, Houston, TX, 77088
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesGas Oven, Gas Range
Exterior
Lot Size9,901 sqft
Building Information
Year Built1957
Stories1
Garage Spaces1
Land Information
APN0710900510056
Lot Number56
SubdivisionLincoln City
Land UseResidential
Legal DescriptionLT 56 BLK 3 LINCOLN CITY SEC 5
Census Tract533302
Assessed Land Value$87,638
Assessed Improvement Value$43,890
Assessment Year2025
About this property
Investor Special – A Hidden Gem with Endless Potential! Discover the possibilities with this spacious lot! Whether you're an investor, builder, or buyer looking for your next project, this diamond in the rough offers an exciting opportunity to bring your vision to life. With plenty of room to dream big, the potential is yours to unlock. Don't miss out on this unique opportunity!
Investor Tools
$0Estimated Mortgage Balance
$131,528Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$789 /month
Positive
Cash Flow Estimate:
$263 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$215/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$131,528
2025
$87,638
$43,890
$131,528
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$131,528
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$131,528
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,750/mo
N/A
+$1,750/mo
16.0%
