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$315,000

418 Neyland St, Houston, TX, 77022

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,150 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$273.91 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Refrigerator Included, Wine Refrigerator, Gas Oven, Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size7,902 sqft

Building Information

Year Built1950
Stories1
Garage Spaces1

Land Information

APN0620540020002
Lot Number2
SubdivisionWilladale
Land UseResidential
Legal DescriptionLT 2 BLK 2 WILLADALE SEC 2
Census Tract530400
Assessed Land Value$174,150
Assessed Improvement Value$124,965
Assessment Year2025

About this property

This charming home, completely renovated in 2020, boasts 3 bedrooms, 2 baths, and a spacious 7900 square foot lot. The primary bedroom features a barn door, ball and claw tub, dual vanity sinks, and a large walk-in closet. The kitchen is equipped with beautiful cabinetry, granite countertops, wine/beverage cooler, and high-end appliances. The home also includes HVAC, gas water heater, new insulation, double pane windows,and a 30-year roof. All of the improvements were done in 2020. Located in the trendy Independence Heights neighborhood, just minutes from the Beltway and downtown, this property is a must-see for buyers seeking modern amenities in a historic setting. Home is being sold as-is.

Investor Tools

$192,087Estimated Mortgage Balance
$107,028Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

Interested in this property?

Sherilyn Walton

Red Door Realty & Associates

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$452/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,928
$299,115
2025
$174,150
$124,965
$299,115
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,928
$299,115

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Fha
$211,105
Yes
First
Jul 2, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$192,087
$107,028
35%
64%
$1,307/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,307/mo
+$415/mo
6.9%

City: Houston

418 Neyland St | Property Details | No Agent List