$360,000
1914 Ojeman Rd, Houston, TX, 77080
$378,027 ARV
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesGas Oven, Gas Range
Exterior
Lot Size21,201 sqft
Building Information
Year Built1950
Stories1
Garage Spaces4
Land Information
APN0450700010008
Lot Number8
Land UseResidential
Legal DescriptionLT 8 WRIGHT LOAN & SECURITITES CO ABST 766 W TROTT
Census Tract521201
Assessed Land Value$254,400
Assessed Improvement Value$48,560
Assessment Year2025
About this property
Priced for land value only. This 3 bedroom, 2 full bath home with a detached two car garage and side entry needs repairs before it can be considered livable, and the price reflects its condition. A strong opportunity for an investor, builder, or buyer ready to renovate and build equity. Property is sold as is.
Investor Tools
$0Estimated Mortgage Balance
$302,960Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$378,026
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$495/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$302,960
2025
$254,400
$48,560
$302,960
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$302,960
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Banc One Mtg Corp
Unknown
$65,900
No
First
N/A
Feb 2029
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$302,960
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
6.8%
