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$465,000

3105 Grassmere Street #A, Houston, TX, 77051

$604,222 ARVInfo
On MarketInfo
Just AddedInfo
Beds6 Beds
Baths4 Bath
Baths4,028 Sq Ft
DuplexDuplex
price_per_sqft$115.44 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 4Bathrooms Full 4
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size4,029 sqft

Building Information

Year Built2024

Land Information

APN1476840010001
Lot Number1
Land UseResidential Duplex
Legal DescriptionLT 1 BLK 1 ZIKI COURT
Census Tract331300
Assessed Land Value$64,770
Assessed Improvement Value$183,992
Assessment Year2025

About this property

Investor Opportunity! Income Producing Duplex with Two Spacious Units! Discover the potential of this versatile duplex featuring two separate units, each offering 3 bedrooms and 2 bathrooms. With one unit located upstairs and the other downstairs, this property presents an excellent opportunity for investors seeking rental income or owner-occupants looking to offset their mortgage by renting out the additional unit. Both units feature an open-concept layout, creating a welcoming and functional space for everyday living and entertaining. Currently leased, this property offers an opportunity to step into an established rental setup. Whether you're expanding your portfolio or looking to live in one unit while generating rental income from the other, this duplex offers versatility and income potential. Two units. Six bedrooms total. Four bathrooms total. Endless possibilities!

Investor Tools

$435,827Estimated Mortgage Balance
$207,173Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$604,221
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,858 /month
Positive
Cash Flow Estimate:
$1,286 /month

Interested in this property?

Lisa Marie Caviel

Jason Mitchell Real Estate LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$268/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$248,762
2025
$64,770
$183,992
$248,762
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$248,762

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$445,000
No
First
Aug 1, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$435,827
$207,173
32%
68%
$2,668/mo

City: Houston

3105 Grassmere Street #A | Property Details | No Agent List