$229,000
8203 Sparta Street #A, Houston, TX, 77028
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size2,675 sqft
Building Information
Year Built2024
Garage Spaces1
Land Information
APN1421650010001
Lot Number1
Land UseResidential Single Family
Legal DescriptionLT 1 BLK 1 RAY AND RAE INVESTMENT LLC
Census Tract230900
Assessed Land Value$56,924
Assessed Improvement Value$99,188
Assessment Year2025
About this property
Welcome to 8203 Sparta St! Built in 2024, this 3 bed, 2 bath home offers 1,341 sq ft with an open-concept layout and modern finishes throughout. Bedrooms are spacious with plenty of storage, and the primary suite features a private bath and a generous closet. Outside, the low-maintenance yard keeps upkeep easy. A great fit for a buyer looking for a nearly new home or an investor looking for rental income. Conveniently located with quick access to I-610, I-10, and US-90, making it easy to get to Downtown and beyond. Schedule your showing today!
Investor Tools
$165,779Estimated Mortgage Balance
$52,221Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,374 /month
Positive
Cash Flow Estimate:
$458 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$162/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$856
$156,112
2025
$56,924
$99,188
$156,112
No
Tax History
Year
Tax Paid
Assessed Value
2024
$856
$156,112
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nqm Funding Llc
Conventional
$168,750
No
First
Oct 1, 2025
Nov 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$165,779
$52,221
23%
76%
$1,012/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,012/mo
+$710/mo
9.5%
