Offer Price: $99,000
Approximate Value: $130,000
Equity: $31,000 (23.84%)

Area: Southwest Houston near Highway 6 and Bissonnet Great Deal on Bank Owned Foreclosure in Southwest Houston. Priced $31K below market value this four bedroom two story home can be purchased with $3500 Down for a Total Monthly Payment of $906 with Government Insured FHA financing. Freshly painted (interior) and a Nice size backyard!! Convenient location off Highway 6 and Bissonnet. Fort Bend Schools

Financing Options:

FHA with 3.5% Down ($3,465) *

Mortgage Payment: $484
Property Taxes: $286
Insurance: $65
Mortgage Insurance: $71

Total Monthly Payment: $906

*Minimum 620 credit score

Conventional 20% Down ($19,800)

Mortgage Payment: $401
Property Taxes: $286
Insurance: $65

Total Monthly Payment: $752

Listed with: Swift and Company Realty

>> Back to Houston Foreclosures

Offer Price: $79,000
Approximate Value: $105,000
Equity: $26,000 (24.76%)

Area: North Katy near Fry Rd and Coldfield Super deal on a single story starter home in North Katy. Government Foreclosure (HUD Home) up for auction in 30 days needs primarily cosmetic repairs (paint, carpet etc). If you are a first time homebuyer, you can purchase this property with FHA insured financing. If you put $2765 down, your total monthly payment including taxes and insurance would be $750. On top of that, this property is priced 25% below its current market value so if you can put in some of your time in fixing it up, you can get a fantastic all around deal.

Financing Options:

FHA with 3.5% Down ($2,765)

Mortgage Payment: $386
Property Taxes: $242
Insurance: $65
Mortgage Insurance: $57

Total Monthly Payment: $750

Conventional 20% Down ($15,800)

Mortgage Payment: $316
Property Taxes: $242
Insurance: $65

Total Monthly Payment: $623

Contact Us to See How it Works

>> Back to Houston Foreclosures

Offer Price: $174,900
Approximate Value: $220,000
Equity: $45,100 (20.50%)

Area: Northwest Houston off Eldridge and W. Little York Bank owned foreclosure deal in Northwest Houston off Eldridge and W. Little York. Built by Beazer in 2006, this two story home features four bedrooms (master down) two full baths plus guest bath. Priced under market value by $45,100 – a unique opportunity for someone to make it their home with built in equity. It’s not every day you can purchase a home in great shape, 20% below market.

Financing Options:

FHA with 3.5% Down ($6,121)

Mortgage Payment: $855
Property Taxes: $554
Insurance: $125
Mortgage Insurance: $126

Total Monthly Payment: $1,660

Conventional with 20% Down ($34,980)

Mortgage Payment: $709
Property Taxes: $554
Insurance: $125

Total Monthly Payment: $1,388

Contact Us to See How it Works

Listed with: Heritage Texas

>> Back to Houston Foreclosures

Offer Price: $100,000
Approximate Value: $125,000
Equity: $25,000 (20.0%)

Area: Spring near Spring Stuebner and Falvel Bank owned foreclosure in Spring 20% below market. Built in 2006, this three bedroom single story home is located in an excellent community off Falvel and 2920, close to good  schools and shopping. And with rates in the mid 4s, the deal gets even sweeter: You could own this property for as low as $905/mo total payment (everything included).

Contact Us to See How it Works

Listed with: Trillionaire Assets

Offer Price: $115,000
Approximate Value: $145,000
Equity: $30,000 (20.68%)

Area: North Katy near Highway 6 and Clay Rd Buy bank owned foreclosure in North Katy $30,000 below market. Built in 2006, this four bedroom two story home is located in an excellent community off Highway 6 and Clay Rd, close to good  schools and shopping. And with rates in the mid 4s, the deal gets even sweeter: You could own this property for as low as $1135/mo total payment (everything included).

Contact Us to See How it Works

Listed with: Remax Legends

Offer Price: $135,000
Approximate Value: $175,000
Equity: $40,000 (22.86%)

Area: Pearland near FM 518 and Sunrise Meadow

Buy a foreclosure property in Pearland $40,000 below its current market value. Built in 2002, this four bedroom single story home is located in an excellent community off FM 518 in the heart of Pearland, close to schools, fine dining and shopping. And with rates in the mid 4s, the deal gets even sweeter: You could own this property for as low as $1350/mo total payment (taxes, insurance, HOA included).

Contact Us to See How it Works

Rental Income Breakdown

Listed with: Century 21 Excel Realty

Offer Price: $89,900
Approximate Value: $115,000
Equity: $25,100 (27.92%)

Area: Fresno near Highway 6 and Fortbend Tollway

Excellent investment property in Fresno – Southwest suburb of Houston. First, the property’s asking price is discounted 27% from its current fair market value so there’s substantial built-in equity. Second, this investment will produce a positive cashflow stream of $3,686 annually which translates to a cash on cash return of 13%. Last, since it is built in 2005, the property will require little to no maintenance and will be easier to lease and manage. Isn’t it time you took advantage of the current market conditions and took a great step towards building real wealth?

Rental Income Breakdown

Listed with: Century 21 Excel Realty

Here’s a quick checklist to help you with the process:
ol>

Showing properties 1 - 10 of 500+. See more Foreclosures under $100K.
(all data current as of 5/24/2012)

1. $93,500 : 13802 Naomi Hollow Ln, Houston
   
   4 beds, 2 full, 1 part baths

   Home size: 2,500 sq ft

   Lot size: 5,700 sqft

   Year built: 1992

   Parking spots: 2

   Days on market: 0

   Listed with Caryn Beard Properties
2. $64,350 : 4018 Rain Willow Ct, Houston
   
   3 beds, 2 full baths

   Home size: 1,533 sq ft

   Lot size: 5,076 sqft

   Year built: 2006

   Parking spots: 2

   Days on market: 1

   Listed with Noteworthy Homes
3. $67,000 : 1058 Sierra Shadows Drive, Katy
   
   3 beds, 2 full baths

   Home size: 1,381 sq ft

   Lot size: 6,720 sqft

   Year built: 1978

   Parking spots: 2

   Days on market: 1

   Listed with RealHome Services & Solutions
4. $98,010 : 11523 Coppermeade Ct, Houston
   
   4 beds, 2 full, 1 part baths

   Home size: 2,872 sq ft

   Lot size: 6,772 sqft

   Year built: 2004

   Parking spots: 2

   Days on market: 1

   Listed with Texas Real Estate Professional
5. $64,900 : 22603 Pine Mist Ln, Spring
   
   3 beds, 2 full, 1 part baths

   Home size: 1,966 sq ft

   Lot size: 7,000 sqft

   Year built: 1979

   Parking spots: 2

   Days on market: 1

   Listed with Keller Williams Realty Greater Northwest
6. $50,000 : 26402 Pine Canyon, Spring
   
   3 beds, 2 full baths

   Home size: 1,513 sq ft

   Lot size: 8,775 sqft

   Year built: 1977

   Parking spots: 2

   Days on market: 1

   Listed with Olde Homestead Properties of Texas
7. $80,000 : 1626 Antoine Dr, Houston
   
   3 beds, 2 full baths

   Home size: 1,521 sq ft

   Lot size: 8,580 sqft

   Year built: 1956

   Parking spots: 2

   Days on market: 1

   Listed with Mickie C & Company Realty
8. $75,000 : 6230 Brown Bark Dr, Houston
   
   3 beds, 2 full baths

   Home size: 1,418 sq ft

   Lot size: 6,510 sqft

   Year built: 1974

   Parking spots: 2

   Days on market: 1

   Listed with CCD Ventures
9. $55,105 : MLS # 93466646 in Houston
   
   3 beds, 1 full, 1 part baths

   Home size: 1,433 sq ft

   Lot size: 6,270 sqft

   Year built: 1971

   Days on market: 1

   Listed with Quality Properties
10. $94,900 : 16403 Chimneystone Dr, Houston
    
    4 beds, 2 full, 1 part baths

    Home size: 2,302 sq ft

    Lot size: 5,685 sqft

    Year built: 1985

    Parking spots: 2

    Days on market: 2

    Listed with Xcel Properties

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Offer Price: $80,000
Approximate Value: $110,000
Equity: $30,000 (27.27%)

Area: Spring near Treaschwig Rd and Birnam Wood

Spring foreclosure deal with equity. Purchase for $30K under market value and receive a 3.5% closing cost incentive by closing before Dec 31. Investors: This makes a good rental income property: Low mortgage rates on investment real estate will allow this property to cashflow $4,682/yr after all expenses for a cash on cash return on investment of 17.34%.

Rental Income Breakdown

Listed with: Starcrest Realty

Offer Price: $70,000
Approximate Value: $100,000
Equity: $30,000 (30%)

Area: Katy near I-10 and Fry Rd

Katy Bank-Owned foreclosure priced 30% below market value. If you close by Dec 31, you can receive 3.5% closing costs assistance. Single story with four Bedrooms, two Baths in a good neighborhood. Investors: This makes a perfect rental income property: Low mortgage rates on investment real estate will allow this property to cashflow $5,000/yr after all expenses for a cash on cash return on investment of 20.63%.

Rental Income Breakdown

Listed with: Starcrest Realty