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$173,000

NAL Estimated Property Value

1027 Pilot Point Dr, Houston, TX, 77038

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,045 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.54 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher

Exterior

Lot Size6,138 sqft

Building Information

Year Built1972
Stories1
Garage Spaces1

Land Information

APN1030790000676
Lot Number676
SubdivisionFallbrook
Land UseResidential
Legal DescriptionLT 676 BLK 20 FALLBROOK SEC 1
Census Tract533702
Assessed Land Value$32,232
Assessed Improvement Value$128,631
Assessment Year2025

About this property

Well-maintained home in Fallbrook community. Three bedrooms, one bath, one car garage with open floorplan. Large backyard with mature shade tree. The roof was recently replaced. Easy access to 249 and Sam Houston Tollway. Welcome Home!

Investor Tools

Property Icon
$173,000
Estimated Property Value
$142,736Estimated Mortgage Balance
$30,264Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,038 /month
Positive
Cash Flow Estimate:
$346 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$193/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,449
$160,863
2025
$32,232
$128,631
$160,863
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,449
$160,863

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$153,450
No
First
Aug 25, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$142,736
$25,264
15%
83%
$921/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$921/mo
+$801/mo
11.9%

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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1027 Pilot Point Dr | Property Details | No Agent List