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Owner Contacts

$659,000

NAL Estimated Property Value

1003 Cranberry Hill Dr, Houston, TX, 77079

Off Market

4 Beds

4 Bath

3,068 Sq Ft

$174.38 / sqft

Built in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Refrigerator

FlooringTile, Wood

Exterior

Private Pool

Lot Size6,821 sqft

Building Information

Year Built1981

Stories2

Garage Spaces2

Land Information

APN1128260000004

Lot Number4

SubdivisionFleetwood West

Land UseResidential

Legal DescriptionLT 4 & TR 3B BLK 1 FLEETWOOD WEST SEC 1

Census Tract450500

Assessed Land Value$154,132

Assessed Improvement Value$496,960

Assessment Year2025

About this property

Welcome home to this classic contemporary home with a POOL on a CORNER LOT with 3 CAR GARAGE in coveted Fleetwood subdivision. Recently remodeled with NEW DOUBLE PANE WINDOWS, RECENT A/C, PEX PLUMBING, RECENT STUCCO, RECENT ROOF and contemporary finishes. Natural light streams in through the FLOOR-TO-CEILING WINDOWS and you will love the OPEN FLOORPLAN with QUARTZ counters, SOFT-CLOSE CABINETS and stylish MOSAIC TILE BACKSPLASH. First floor primary bedroom with modern bathroom including SOAKING TUB and separate FRAMELESS GLASS SHOWER. Upstairs has also been remodeled with the bathrooms featuring GRANITE COUNTERS and modern fixtures. The HUGE GAMEROOM with built-in SHELVING and WET BAR is the perfect gathering place. Nothing left to do but bring your furniture and enjoy this updated home!

Investor Tools

$659,000

Estimated Property Value

$391,581Estimated Mortgage Balance

$267,419Estimated Equity

41% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,954 /month

Positive

Cash Flow Estimate:

$1,318 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,221/month

$600/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,358

$651,092

2025

$154,132

$496,960

$651,092

Tax History

Year

Tax Paid

Assessed Value

2024

$11,358

$651,092

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocket Mortgage Llc

Conventional

$428,000

First

Nov 3, 2021

Dec 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$391,581

$273,419

41%

59%

$2,567/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,730/mo

$3,167/mo

$-437/mo

5.0%

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