$280,000
1141 Frankie St, Houston, TX, 77015
On Market
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesRange, Microwave, Refrigerator
FlooringCarpet, Tile, Carpets
Exterior
Lot Size5,249 sqft
Building Information
Year Built1960
Land Information
APN0650710560024
Lot Number1,3
SubdivisionClover Leaf
Land UseResidential
Legal DescriptionS 1/2 OF LTS 1 & 3 BLK 152 CLOVER LEAF SEC 3
Census Tract233103
Assessed Land Value$52,500
Assessed Improvement Value$110,473
Assessment Year2025
About this property
Welcome to 1141 Frankie St! This property resides on a large corner lot and fully fenced. Each unit offers 2 bedrooms, 1 full bathroom with tile walk in showers, double pane windows, full kitchen, flooring includes carpet & tile and also has an unfinished addition perfect for a 5th bedroom, game room office or flex-space. Easily accessible to major freeways, shopping and dining nearby. Great opportunity & No HOA.
Investor Tools
$0Estimated Mortgage Balance
$207,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$205/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,427
$162,973
2025
$52,500
$110,473
$162,973
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,427
$162,973
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$207,000
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
10.0%
