$109,000
2574 Marilee, Houston, TX, 77057
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesRefrigerator Included, Convection Oven, Electric Range
FlooringTile
Exterior
Lot Size1.30 acres
Building Information
Year Built1960
Stories1
Land Information
APN1110910000009
SubdivisionWharton House Condo
Land UseResidential
Legal DescriptionUNIT 41 BLDG F .005360 INT COMMON LAND & ELE WHARTON HOUSE CONDO
Census Tract431303
Assessed Land Value$6,734
Assessed Improvement Value$28,708
Assessment Year2025
About this property
Small gated community of 39 units, conveniently located minutes from the Galleria and all that it offers. Ground floor, end unit tastefully updated-includes washer/dryer hookup. All utilities included in maintenance fee, even your AC!! 2 car assigned carport w gated access. Great for investment or those seeking a nice quiet community with first floor living! Zoned to Briar grove elementary!
Investor Tools
$0Estimated Mortgage Balance
$72,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$654 /month
Positive
Cash Flow Estimate:
$218 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$92/month
$575/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$742
$35,442
2025
$6,734
$28,708
$35,442
Yes (2004)
Tax History
Year
Tax Paid
Assessed Value
2024
$742
$35,442
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$72,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
$575/mo
+$865/mo
24.0%
