3614 BILLINGSLEY ST

Blueprint1,540 SF
4
2.5
1943
N/A
CAP RATE
{{ percent(capRate, 1) }}
ROI
{{ percent(CoC, 1) }}

{{ currency(propertyValue, 0, '-') }}

Property Value

{{ currency(calcParams.purchaseprice, 0, '-') }}

Purchase Price

Managing property on behalf of {{ access?.behalfOf.firstName }} {{ access?.behalfOf.lastName }}
PRE-FORECLOSURE :: AUCTION SCHEDULED {{ longDate(preForeclosureFiling.auctionDate, 'N/A') }}
You’re viewing this property using financial parameters from your search, which differ from your default settings. You’ve adjusted the financial parameters for this property.
Click “Save” to keep these settings linked to this property when viewed in future sessions.
Proposed Cost {{currency(calcParams.purchaseprice)}}
Property Value {{ currency(propertyValue, 0, '-') }}
After Repair Value ({{currency(flipAfterRepairValueSF)}}/SF) {{currency(flipParams?.afterRepairValue)}}
Total Monthly Rent {{ currency(unitsTotalRentalRate) }}
Average Nightly Rate ({{ currency(strRentalRateSF, 2, '-') }}/SF) {{ currency(calcParams.strRentalRate, 0, '-') }}
Rooms
Avg Weekly Rate
Rental Rate {{ currency(monthlyRental, 0, '-') }}
AUTO
{{ firstProformaYearRaw.fiscalYear }}
 
CAP RATE
{{ firstProformaYearRaw.fiscalYear }}
 
ROI
 
Calculator Mode:
Property Type:
Rental Type:
  • Tenant Occupied
  • {{ propertyStore?.property?.mlsSource?.status }}
Custom Edits

Total Investment Initial Investment

{{ currency(netEquity) }}

Current Equity
{{ number(downpaymentWhole) }} %
Flip Only
{{ currency(flipTotalCashInvested) }}
Cash Required
{{ currency(flipNetProfit) }}
Net Profit
BRRRR
{{ currency(flipNetInvestmentAfterRefi) }}
Net Investment
{{ currency(accumulationOfWealth) }}
10-Year Net Gain
Property Description Source: Realty Associates

Fantastic opportunity in the popular near Northside neighborhood! Conveniently located minutes from downtown Houston, IAH airport, and the Galleria. Surrounded by trendy Houston Heights and Lindale Park neighborhoods, with nearby grocery stores, coffee shops and restaurants plentiful. Easy access to major freeways and downtown/Medical Center via the Red Line Metro Rail. This gem of a property is situated on a 6,600 s.f. lot that has 2 bedrooms, 2.5 bathrooms and an office/study. In addition, there are two (2) apartments in the rear (both metered separately) that creates an opportunity for rental income or use for an extended family member such as a mother-in-law quarters. Perfect for renovation, townhome development, or your dream home project! Lots of new builds and renovations throughout the area. Home is Sold AS IS No repairs. Verify dimensions. Pre-approval letter or POF required.

Virtual Tour Link
Avatar
Listing Agent: Teresa Flores
Agent Office: 713-464-5656
Broker: Realty Associates
HAR
Houston Association of Realtors
List Price: $324,499
List date: 08/24/2024
Days on Rescover: 138
MLS Source: HAR
MLS Number: 75477175
MLS Data Sync: 1/9/2025 12:09 AM CST
MLS Disclaimer: All information is subject to change and should be independently verified. Copyright © 2022, HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved.
DISCLAIMER: Rescover, Inc owns and operates the RESCOVER website (the "Site"). Any access of the Site or submission of information to the Site is subject to the Terms of Use. All information submitted to the Site comes from outside sources. Any adaptation of the information is based strictly on assumptions and projections, and are not purported to be actual results. Analysis of and projections made by RESCOVER are for its own purposes to ascertain its pre-determined criteria. All content on the Site accessed by you is "As Is" and without warranty of any kind, express or implied. RESCOVER is not an investment adviser, and does not provide advice of any kind. Any use of the information by you is strictly in accordance with the Terms of Use.

Offcanvas with body scrolling