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$303,000

NAL Estimated Property Value

1022 Melneeka Ln, Houston, TX, 77091

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,508 Sq Ft
price_per_sqft$211.21 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringVinyl

Exterior

Exterior FeaturesBalcony
Lot Size1,638 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN1393390020010
Lot Number10
Land UseResidential
Legal DescriptionLT 10 BLK 1 JACQUELINE COURT R/P
Census Tract530800
Assessed Land Value$48,155
Assessed Improvement Value$254,508
Assessment Year2025

About this property

Welcome to 1022 Melneeka Ln. This 3 bed, 2.5 bath single-family home is located in a new & developing area called Highland Heights. Enjoy an open floorplan downstairs with abundant natural lighting. Samsung kitchen appliances are included! Counter space and kitchen island allow for easy flow of cooking or baking, with plenty of cabinet space. Access the backyard from the living room with double doors to the patio. Upstairs you will find all three bedrooms & two full baths. The primary bedroom has an on-suite balcony, equipped with a fan. Ultimate relaxation can be found in the primary bathroom with gorgeous stone wall accents, large shower, and separate soaking tub. Secondary bedrooms work well as a home office, workout space, children's room, nursery, or guest bedroom. Second full bath has a shower/tub combo, perfect for guests or bathing the little ones. The laundry closet is conveniently located between all bedrooms, W/D are included! Ask about the $5,000 lender credit.

Investor Tools

Property Icon
$303,000
Estimated Property Value
$0Estimated Mortgage Balance
$303,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,911 /month
Positive
Cash Flow Estimate:
$637 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$486/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,313
$302,663
2025
$48,155
$254,508
$302,663
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,313
$302,663

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$303,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$150/mo
+$1,572/mo
6.8%

City: Houston

1022 Melneeka Ln | Property Details | No Agent List