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$180,000

1316 Avenue L, South Houston, TX, 77587

$234,000 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths2,152 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$83.64 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Private PoolPrivate Pool
Lot Size14,201 sqft

Building Information

Year Built1958
Stories1
Garage Spaces1

Land Information

APN0341050080001
Lot Number1,2
SubdivisionSouth Houston
Land UseResidential
Legal DescriptionLT 1 & E 40 FT OF LT 2 BLK 208 SOUTH HOUSTON
Census Tract321402
Assessed Land Value$170,400
Assessed Improvement Value$129,423
Assessment Year2025

About this property

Investors Special! This 3-bedroom, 1.5-bath property is packed with potential and ready for your vision. Situated on a double lot, this property features an in-ground swimming pool and plenty of opportunity to transform it into a profitable investment or create your dream home. The property needs foundation work and cosmetic updates, making it an excellent opportunity for buyers looking to add value and build equity. The roof was replaced in 2008, and the HVAC system was updated in 2018. Plus, enjoy the benefit of NO HOA! Conveniently located near I-45 and Hobby Airport, with easy access to major roadways, shopping, dining, and surrounding Houston amenities.

Investor Tools

$0Estimated Mortgage Balance
$299,823Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$234,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

Interested in this property?

Angela Ojeda

Realty Of America, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$165/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$477
$299,823
2025
$170,400
$129,423
$299,823
No

Tax History

Year
Tax Paid
Assessed Value
2024
$477
$299,823

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$299,823
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,740/mo
N/A
+$1,740/mo
7.0%

City: South Houston

1316 Avenue L | Property Details | No Agent List