$109,000
3615 Alsace St, Houston, TX, 77021
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesElectric Oven, Electric Range, Dishwasher
FlooringTile, Wood
Exterior
Lot Size7,383 sqft
Building Information
Year Built1940
Stories1
Garage Spaces1
Land Information
APN0770890020031
Lot Number31
SubdivisionLa Salette Place
Land UseResidential
Legal DescriptionLT 31 BLK 2 LA SALETTE PLACE SEC 1
Census Tract313700
Assessed Land Value$120,759
Assessed Improvement Value$45,525
Assessment Year2025
About this property
Investor opportunity! This 1,273-square-foot home with an attached 1-car garage offers a blank canvas for your next renovation project. Features include hardwood flooring in several rooms, and spacious front and back yard for outstanding curb appeal. The property needs repairs and updates, offering an opportunity for investors and buyers ready to take on a project in this developing neighborhood close to University of Houston, Texas Medical Center, and Downtown! Vacant and easy to show—schedule your showing today!
Investor Tools
$0Estimated Mortgage Balance
$166,284Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$998 /month
Positive
Cash Flow Estimate:
$333 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$272/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$166,284
2025
$120,759
$45,525
$166,284
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$166,284
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$166,284
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
9.4%
