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Owner Contacts

$488,000

10315 Metronome Dr, Houston, TX, 77043

$596,987 ARV

Off Market

4 Beds

4 Bath

2,879 Sq Ft

Single Family Residence

$147.27 / sqft

Built in 1962

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Electric Cooktop

Exterior

Lot Size9,161 sqft

Building Information

Year Built1962

Stories1

Garage Spaces1

Land Information

APN0961210000001

Lot Number1

SubdivisionEnchanted Forest

Land UseResidential

Legal DescriptionLT 1 BLK 3 ENCHANTED FOREST SEC 1

Census Tract522401

Assessed Land Value$227,025

Assessed Improvement Value$184,581

Assessment Year2025

About this property

REDUCED!!! REDUCED!!! Great opportunity to turn this hidden (gem) into a marvelous home! this 4 bedrooms (with a possible 5th bedroom being used as an office) 3.5 bath, has great potential, these spacious rooms and tons of closet space, make this home a very desirable investment. House has great curb appeal, this corner lot home is located in a very desirable Enchanted Forest subdivision, in the Spring Branch area, its a great location near Memorial City mall, City Center and very accessible to beltway 8 and Interstate 10, for access to Galleria, restaurants shopping centers malls and so on, sitting on almost 10,000 sq feet corner lot, it is phenomenal site, with a great potential.

Investor Tools

$488,000

Estimated Property Value

$204,000Estimated Mortgage Balance

$297,227Estimated Equity

58% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$596,987

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,928 /month

Positive

Cash Flow Estimate:

$976 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$579/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,511

$411,606

2025

$227,025

$184,581

$411,606

Tax History

Year

Tax Paid

Assessed Value

2024

$4,511

$411,606

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

City Bank

Credit Line (Revolving) / Heloc

$204,000

First

Nov 22, 2022

Nov 2042

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$190,773

$365,227

65%

39%

$1,224/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,280/mo

$1,224/mo

+$1,056/mo

5.6%

Learn About the Market: Opportunity in Houston

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