2904 Cetti St

Houston, Texas, 77009

Redeemable DeedpendingSells Sep 1, 2026 · 37 days ago

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Beds: 4
Baths: 1
SqFt: 1,297
Lot Size: 5,001
Year Built: 1955
APN: 0641330030012

Property Type: Sfr
Distressed: No
Vacant: No
Owner Type: Other
Owner Status: Absentee (In State)
County: Harris

Value

Estimated Value: $259,000
County Market Value: $234,451; 2024
Assessed Value: $234,451; 2025

Mortgage & Debt

Open Mortgages: 0
Estimated Balance: $0
Lien Flags: None recorded; RealEstateAPI flags · not a lien search
Tax Delinquent Since: 2018

Opportunity

Opening Bid: $63,272
Bid / Value: 24%; of $259,000
Property Tax 2024: $4,913; annual bill · not the amount owed
Equity (est.): $259,000; 100%
Monthly Rent: $2,226; Suggested rent
Gross Yield: 10.31%
Linked Properties: 2

Opening bid

$63,272

Assessed value

$234,451

Land $185,250Improvement $49,201

Market / AVM

$259,000

Property tax 2024

$4,913

Annual bill — the sale list gives no amount owed

Case number 202423346

Property facts enriched via realestateapi · 8/25/2026

Ownership Information

Owner 1 Name: Gonzalez Lucy M Estate Of
Mailing Address: 402 Melbourne St, Houston, TX 77022
Owner Type: Other
Corporate Owned: No

Property Characteristics

Total Rooms: 6
Bedrooms

Site & surroundings

Physical conditions that affect value and rarely appear on a listing.

School	Type	Grades	Rating	Enrollment
Ross Elementary School	Public	PK-5	4	353
Sherman Elementary School	Public	PK-5	5	606
Houston Math Science And Technolog	Public	9-12	2	2,795
Washington B T High School	Public	9-12	3	764
Martinez C Elementary School	Public	PK-5	2	502
Wheatley High School	Public	9-12	2	969
Kashmere Gardens Elementary School	Public	PK-5	4	414
Bruce Elementary School	Public	PK-5	2	570
Hamilton Middle School	Public	6-8	5	1,383
Davis High School	Public	9-12	3	2,648
Atherton Elementary School	Public	PK-5	7	585
Roderick R Paige Elementary School	Public	PK-5	5	514
Williams Middle School	Public	6-8	3	506
Kashmere High School	Public	9-12	2	724
Burrus Elementary School	Public	PK-5	4	494
Looscan Elementary School	Public	PK-5	5	352
Fleming Middle School	Public	6-8	3	512
Dogan Elementary School	Public	PK-5	4	610
Ketelsen Elementary School	Public	PK-5	8	608
Browning Elementary School	Public	PK-5	5	544
Burbank Middle School	Public	6-8	8	1,416
Marshall Middle School	Public	6-8	6	836
Travis Elementary School	Public	PK-5	8	711
Herrera Elementary School	Public	PK-5	6	888
Key Middle School	Public	6-8	3	674

METRORail (2 nearby)633 ft from parcel centre

Active freight track. Noise, vibration and horn use at crossings — check where the nearest crossing is before assuming quiet.

Industrial land (4 nearby)738 ft from parcel centre

Truck traffic and operating hours are the usual complaint.

Correctional or waste facility (5 nearby)0.6 mi from parcel centre

Persistent effect on the buyer pool regardless of any measurable nuisance.

Hollywood Cemetery0.2 mi from parcel centre

Quiet neighbour, smaller buyer pool.

North Side Substation0.5 mi from parcel centre

Transformer hum, and a persistent resale objection whatever the engineering says.

Context

Little White Oak Bayou0.2 mi from parcel centre

Frontage or flood exposure depending on elevation and zone — read this next to the FEMA signal, not on its own.

FEMA flood zone X

Outside the 1% annual chance floodplain.

19% of homes vacant year-round in Census Tract 2104

340 of 1,770 units vacant year-round, around or below the national tract average.

47% owner-occupied

Renters are the majority here. A retail resale is possible but the investor bid is what sets the floor.

Tract median home value $277,200

Self-reported median across the whole tract — context for whether a number is plausible, not a comparable and never a bid input.

Median household income $44,821

Tract median household income. Sets what a local buyer can finance.

Elevation 46 ft

Ground elevation at the parcel. Compare with the FEMA base flood elevation where one is published.

Clemente Martinez Elementary School587 ft from parcel centre

Catchment is set by district boundary, not by distance.

Moody Park896 ft from parcel centre

Public green space.

Butterfly Pocket Park0.2 mi from parcel centre

Public green space.

Northside High School0.2 mi from parcel centre

Catchment is set by district boundary, not by distance.

Marshall Middle Academy of Fine Arts0.4 mi from parcel centre

Catchment is set by district boundary, not by distance.

Road access — Halpern Street52 ft from parcel centre

A mapped public road runs along or beside the parcel.

La Michoacana Meat Market0.3 mi from parcel centre

Everyday shopping — worth checking on rural parcels, where it can be twenty miles.

Castillo Park0.4 mi from parcel centre

Public green space.

All In One0.4 mi from parcel centre

Everyday shopping — worth checking on rural parcels, where it can be twenty miles.

Fiesta0.4 mi from parcel centre

Everyday shopping — worth checking on rural parcels, where it can be twenty miles.

© OpenStreetMap contributors (ODbL). Flood zones from FEMA, elevation from USGS, tract statistics from the US Census. Proximity is measured from the parcel’s recorded location, which for most parcels is an assessor centroid rather than a boundary — treat these as figures to verify on a site visit, not as survey distances.

Deal analysis

Your maximum bid

$154,061

Walk away above this. Projected profit at the ceiling: $77,700 (30% of ARV).

Opening bid $63,272

Room to bid $90,789

Confidence: medium — ARV from a provider market estimate, not comps.

History-guided suggestion

$93,425

Under max by $60,636

≤ oracle maxBid

Co-pilot target using recorded auction history. Never above your maximum bid.

History sample

—

Median sold

—

p(redeem) prior

—

No historical bucket for TX|Redeemable Deed; suggestion uses oracle only.

Your assumptions

After-repair value (ARV)

Override the derived estimate with real comps

Rehab budget

You cannot inspect before bidding — budget for the worst plausible condition

Known surviving liens

Municipal code enforcement, special assessments, federal tax liens

Target margin — 30%

Required profit as a share of ARV. 30% is a common floor for tax-sale flips.

How that number is built

Provider market estimate of $259,000. This is an as-is valuation, not an after-repair one — enter your own comparable-sales figure if the property needs work.

After-repair value: $259,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$20,720
Rehabassumed No rehab budget entered — assumed $0. Tax-sale parcels are sold unseen and un-inspected; this is rarely correct.: −$0
Quiet title (required)assumed Midpoint of the typical TX range ($1,800–$5,000, ~5 months).: −$3,400
Deed recording and transferassumed Typical TX recording and deed issuance cost.: −$400
Holding costs (7 months)assumed Taxes, insurance, and securing the property at ~$389/month.: −$2,720
Surviving liensassumed Assumed $0 — not verified. Municipal code-enforcement liens, special assessments, and federal tax liens can survive the sale.: −$0
Target profit (30% of ARV): −$77,700
Maximum bid: $154,061

If the owner redeems

Flat penalty

25%

You'd receive

$38,515

Window

730 days

A 25% flat penalty applies if the owner redeems. It is a penalty, not annual interest — the rate does not change with how early they redeem.

homestead and agricultural-use property (2 years); all other property is 180 days

Quoted elsewhere as 51% annualised — true only if they redeem on the last possible day and you immediately redeploy the capital. Treat the flat penalty as the real number.

Before you bid

Rehab is assumed to be $0. You cannot inspect these properties before bidding — budget for the worst plausible condition.
Surviving liens assumed $0. The 180-day vs 2-year window turns on the property's use at the time of sale, which the sale list does not state — treat any homestead-looking residential parcel as potentially 2-year.

2904 Cetti St

Value

Mortgage & Debt

Opportunity

Ownership Information

Property Characteristics

2904 Cetti St

Value

Mortgage & Debt

Opportunity

Ownership Information

Property Characteristics

Building Size

Land/Location Information

Legal Description

Tax Assessment Information

Distress Flags

Area

Fair Market Rents

Schools

Tax Assessment Information

Site & surroundings

Context

County records

Harris County rules

Historical comps

Verify before you bid