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$599,000

1607 Gault Rd, Houston, TX, 77039

On MarketInfo
Just AddedInfo
Beds— Beds
Baths— Bath
Baths1,678 Sq Ft
Year BuiltBuilt in 1964

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Heating Forced Air UnitHeating Forced Air Unit

Exterior

Lot Size1.87 acres

Building Information

Year Built1964

Land Information

APN0250450000388
SubdivisionMagnolia Gardens - Aldine
Land UseResidential
Legal DescriptionTR 114-A MAGNOLIA GARDENS - ALDINE
Census Tract222800
Assessed Land Value$285,023
Assessed Improvement Value$177,046
Assessment Year2025

About this property

Land Land Land!!! 1.869 Acres of comercial/residential use land. Currently 2 homes located on property but this is perfect land for Buisness of developing. Right off of Chrisman on Gault.

Investor Tools

$51,198Estimated Mortgage Balance
$410,871Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

Interested in this property?

Cesar Zambrano

Prime Texas Properties

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$536/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,124
$462,069
2025
$285,023
$177,046
$462,069
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,124
$462,069

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New Century Mortgage Corp
Unknown
$116,100
No
First
May 25, 2004
Jun 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$51,198
$410,871
88%
11%
$761/mo

City: Houston