$210,000
1203 Ruell St, Houston, TX, 77017
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityCash BuyersMove-In Ready
Highlights
Interior
AppliancesElectric Oven, Free-Standing Range
Exterior
Lot Size6,599 sqft
Building Information
Year Built1952
Stories1
Garage Spaces3
Land Information
APN0771770280007
Lot Number7
SubdivisionOak Meadows
Land UseResidential
Legal DescriptionLT 7 BLK 28 O OAK MEADOWS SEC 1
Census Tract320500
Assessed Land Value$66,000
Assessed Improvement Value$107,428
Assessment Year2025
About this property
Welcome to 1203 Ruell St! This 4-bedroom, 2-bathroom home offers a fantastic opportunity for homeowners and investors alike. Featuring an automatic driveway gate for added privacy and convenience, the property offers a functional layout with plenty of potential. Both bathrooms have been beautifully renovated, providing modern updates and a fresh look. With a little fresh paint and some finishing touches, this home can truly shine! Whether you're searching for your next residence or an investment opportunity, this property is ready for your personal touch.
Investor Tools
$0Estimated Mortgage Balance
$214,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,284 /month
Positive
Cash Flow Estimate:
$428 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$392/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,633
$173,428
2025
$66,000
$107,428
$173,428
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,633
$173,428
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$214,000
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
9.7%
