$245,000
880 Tully Rd Apt 26, Houston, TX, 77079
On Market
Just Added
Property Lead Type:
Absentee OwnerMove-In Ready
Highlights
Interior
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Washer/Dryer
FlooringTile, Vinyl Plank
Exterior
Exterior FeaturesBalcony
Lot Size1,721 sqft
Building Information
Year Built1975
Stories2
Garage Spaces1
Land Information
APN1060370010026
SubdivisionVilla Verde R/P
Land UseResidential
Legal DescriptionLT 26 .010000 INT COMMON LAND & ELE VILLA VERDE R/P
Census Tract450302
Assessed Land Value$75,079
Assessed Improvement Value$126,674
Assessment Year2025
About this property
Recently remodeled home with new flooring, fresh paint, updated kitchen, and updated bathrooms. Half bath is downstairs in living/kitchen area. Each bedroom has its own bathroom. Master bedroom has two large closets. Secondary bedroom has access to the upper level patio. Home is located in a gated townhome neighborhood with access to a pool and tennis courts. Home is zoned to desirable schools and is right off of i-10. Is in Memorial City/Energy Corridor area.
Investor Tools
$249,415Estimated Mortgage Balance
$227,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$219/month
$267/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,488
$201,753
2025
$75,079
$126,674
$201,753
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,488
$201,753
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kar Capital Enterprises Inc
Unknown
$111,000
No
First
Jul 7, 2026
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,415
N/A
0%
110%
$1,503/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,860/mo
$1,770/mo
+$90/mo
9.8%
