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$455,838

10215 Cobalt Falls Dr, Houston, TX, 77095

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,407 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114.18 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range, Dishwasher

Exterior

Private PoolPrivate Pool
Lot Size8,189 sqft

Building Information

Year Built2003
Garage Spaces2

Land Information

APN1223650020016
Lot Number16
SubdivisionStone Gate
Land UseResidential
Legal DescriptionLT 16 BLK 2 STONE GATE SEC 11
Census Tract541008
Assessed Land Value$101,118
Assessed Improvement Value$354,720
Assessment Year2025

About this property

Ready for move-in two-story home located in the gated golf course community of Stone Gate. Features an in-ground pool with no back neighbors. Great for large gatherings with a huge media/game room. Soaring Ceiling, fireplace, Remodeled kitchen, new paint, and new carpet throughout the house. Come by to see this beautiful home; close proximity to 290, shopping, and restaurants.

Investor Tools

Property Icon
$455,838
Estimated Property Value
$385,000Estimated Mortgage Balance
$103,598Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,735 /month
Positive
Cash Flow Estimate:
$912 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$446/month
$1,400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,073
$455,838
2025
$101,118
$354,720
$455,838
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,073
$455,838

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sam Dimiceli
Stand Alone Second / Subordinate Position
$385,000
No
First
Nov 23, 2021
Nov 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$352,240
$103,598
22%
77%
$2,309/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,640/mo
$3,709/mo
$-1,069/mo
6.9%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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10215 Cobalt Falls Dr | Property Details | No Agent List