$189,500
9802 Carmalee St, Houston, TX, 77075
On Market
Just Added
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesDisposal, Gas Oven, Microwave, Gas Range
FlooringCarpet, Laminate
Exterior
Lot Size8,538 sqft
Building Information
Year Built1958
Stories1
Garage Spaces1
Land Information
APN0834550000001
Lot Number1
SubdivisionEastridge Terrace
Land UseResidential
Legal DescriptionLT 1 BLK 9 EASTRIDGE TERRACE
Census Tract333904
Assessed Land Value$54,352
Assessed Improvement Value$90,648
Assessment Year2025
About this property
Welcome home to this adorable 3 bedroom, 1 bath home in a desirable location. Walking distance to elementary school and the playground directly behind the home. Lots of trees and green space to make wonderful memories. Many updates include new countertops and sink, new carpet in all bedrooms, and gorgeous laminate flooring in living room, bath and kitchen. Full roof replacement in 2024. Full AC replacement in 2020. Foundation repair 2026 with transferable warranty. Must see to appreciate it's charm!
Investor Tools
$113,871Estimated Mortgage Balance
$47,129Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,137 /month
Positive
Cash Flow Estimate:
$379 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$212/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,737
$145,000
2025
$54,352
$90,648
$145,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,737
$145,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Conventional
$118,500
No
First
Jul 29, 2024
Aug 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$113,871
$47,129
29%
71%
$711/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$711/mo
+$1,011/mo
12.8%
