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$261,000

NAL Estimated Property Value

10427 Falling Rapids Ct, Houston, TX, 77070

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,688 Sq Ft
price_per_sqft$151.07 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher

Exterior

Lot Size5,502 sqft

Building Information

Year Built2007
Garage Spaces2

Land Information

APN1275310020073
Lot Number73
SubdivisionGrants Trace
Land UseResidential
Legal DescriptionLT 73 BLK 2 GRANTS TRACE
Census Tract552604
Assessed Land Value$58,025
Assessed Improvement Value$190,050
Assessment Year2025

About this property

Welcome to your new home! New carpet installed and interior painted in October. Beautiful one story, three sides brick home located off 249/Grant in the Cy-Fair School District. Perfect size for your family. Beautiful, open floorplan. Gas fireplace, stainless steel gas stove and microwave. Granite countertops in kitchen and tile in wet areas. New stainless steel gas stove installed. Never flooded. Room sizes are approximate, please measure for accuracy. You will love your new home! Make your appointment to view it today.

Investor Tools

Property Icon
$261,000
Estimated Property Value
$211,506Estimated Mortgage Balance
$49,494Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,566 /month
Positive
Cash Flow Estimate:
$522 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$278/month
$379/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,026
$248,075
2025
$58,025
$190,050
$248,075
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,026
$248,075

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Royal Pacific Funding Corp
Fha
$230,743
Yes
First
Dec 16, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$211,506
$49,494
18%
81%
$1,384/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,763/mo
+$357/mo
9.7%

City: Houston