$249,000
1480 Gemini St, Houston, TX, 77058
On Market
Property Lead Type:
BankruptcyAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Full Size, Dishwasher, Washer/Dryer
FlooringCarpet, Tile
Exterior
Exterior FeaturesFront Green Space, Front Yard, Side Yard, Courtyard
Lot Size3,316 sqft
Building Information
Year Built1984
Stories2
Garage Spaces2
Land Information
APN1142250050002
SubdivisionUniversity Green
Land UseResidential
Legal DescriptionUNIT 7 TR 5 UNIVERSITY GREEN SEC 6
Census Tract341303
Assessed Land Value$43,850
Assessed Improvement Value$227,511
Assessment Year2025
About this property
Wonderfully updated townhome in sought after University Green. Award winning Clear Creek schools. New interior paint, new carpet, new ss appliances, new fixtures, and new tile in the den. Soaring ceilings with a decked private yard space. Don't miss out on this incredible home.
Investor Tools
$493,026Estimated Mortgage Balance
$271,361Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,628 /month
Positive
Cash Flow Estimate:
$543 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$337/month
$315/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,682
$271,361
2025
$43,850
$227,511
$271,361
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,682
$271,361
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Bank Of New York Mellon Trust Co Na
Stand Alone Second / Subordinate Position
$255,290
No
First
Oct 9, 2024
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$493,026
N/A
0%
182%
$3,062/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,940/mo
$3,377/mo
$-1,437/mo
8.6%
