$250,000
NAL Estimated Property Value10406 Clear Cove Ln, Houston, TX, 77041
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
Exterior
Lot Size7,331 sqft
Building Information
Year Built1978
Stories2
Garage Spaces1
Land Information
APN1126120000015
Lot Number15
SubdivisionWestbranch
Land UseResidential
Legal DescriptionLT 15 BLK 1 WESTBRANCH SEC 1
Census Tract521800
Assessed Land Value$65,955
Assessed Improvement Value$170,008
Assessment Year2025
About this property
Tenant Occupied until 2/28. 3 bedroom, 2.5 bath, 2 story home in Westbranch. Property is located on a cul-de-sac with a large backyard. Close to area pool and park. Close to beltway 8. Great location for commuters. Pictures will follow when tenant moves out.
Investor Tools
$250,000
Estimated Property Value
$160,617Estimated Mortgage Balance
$89,383Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$350/month
$294/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,951
$235,963
2025
$65,955
$170,008
$235,963
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,951
$235,963
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amwest Funding Corp
Conventional
$164,250
No
First
Feb 18, 2025
Mar 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$160,617
$93,383
36%
64%
$985/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,250/mo
$1,279/mo
+$971/mo
10.8%
