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Owner Contacts

$298,583

NAL Estimated Property Value

10243 Gates Mill Rd, Houston, TX, 77034

Off Market

4 Beds

3 Bath

1,823 Sq Ft

Single Family Residence

$159.02 / sqft

Built in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Bathrooms Half 1

Garage Available

Heating Central

Cooling

Exterior

Lot Size3,781 sqft

Building Information

Year Built2023

Garage Spaces2

Land Information

APN1447190020024

Lot Number24

Land UseResidential

Legal DescriptionLT 24 BLK 2 CLEARWICK

Census Tract321101

Assessed Land Value$43,600

Assessed Improvement Value$254,983

Assessment Year2025

About this property

Beautiful move-in ready home built in 2023 featuring 4 bedrooms and 2.5 bathrooms in the Clearwick subdivision. This two-story home offers an open-concept layout with high ceilings at the entry, leading into a spacious living, dining, and kitchen area ideal for everyday living and entertaining. The kitchen features granite countertops, stainless steel appliances, and ample cabinet space. Conveniently located near I-45 (The Gulf Freeway) inside the Beltway, offering easy access to major highways, shopping, dining, and everyday conveniences. The home also includes a two-car attached garage and is located in a well-maintained community with HOA.

Investor Tools

$298,583

Estimated Property Value

$262,452Estimated Mortgage Balance

$36,131Estimated Equity

12% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,791 /month

Positive

Cash Flow Estimate:

$597 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$427/month

$600/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,634

$298,583

2025

$43,600

$254,983

$298,583

Tax History

Year

Tax Paid

Assessed Value

2024

$3,634

$298,583

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

The Loan Store Inc

Fha

$274,928

Yes

First

Nov 28, 2023

Dec 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$262,452

$36,131

12%

88%

$1,649/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$2,249/mo

$-23/mo

8.9%

Learn About the Market: Opportunity in Houston

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