$770,000
NAL Estimated Property Value10603 Russett Dr, Houston, TX, 77042
Off Market
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDisposal, Microwave, Gas Range, Dishwasher
Exterior
Lot Size9,840 sqft
Building Information
Year Built1968
Stories1
Garage Spaces2
Land Information
APN0982900000015
Lot Number15
SubdivisionWalnut Bend
Land UseResidential
Legal DescriptionLT 15 BLK 32 WALNUT BEND SEC 8
Census Tract450803
Assessed Land Value$188,400
Assessed Improvement Value$578,085
Assessment Year2025
About this property
BEAUTIFULLY UPDATED SINGLE STORY HOUSE LOCATED ON A LARGE CORNER LOT. ALMOST EVERYTHING IN THIS HOUSE IS UPGRADED. SS APPLIANCES INCLUDING REFRIGERATOR AND WINE COOLER. QUARTZ COUNTER TOPS AND EUROPEAN CUSTOM CABINETS THROUGHOUT THE HOUSE. WOOD FLOORING IN LIVING AREAS AND MASTER BEDROOM, AND UPGRADED BERBER CARPET IN OTHER BEDROOMS AND PORCELAIN TILE IN THE LARGE GAME ROOM. CUSTOM MASTER BATHROOM WITH FREE STANDING TUB AND HUGE GLASS SHOWER STALL WITH RAINFALL SHOWER! NEW CUSTOM PAINT INTERIOR AND EXTERIOR OF HOUSE. NEW CEILING FANS, LIGHTS.
Investor Tools
$770,000
Estimated Property Value
$263,618Estimated Mortgage Balance
$506,382Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,620 /month
Positive
Cash Flow Estimate:
$1,540 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,300/month
$728/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,748
$766,485
2025
$188,400
$578,085
$766,485
No
Tax History
Year
Tax Paid
Assessed Value
2024
$11,748
$766,485
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$270,000
No
First
Jan 27, 2025
Feb 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$263,618
$502,867
65%
34%
$1,619/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$2,347/mo
+$93/mo
3.8%
