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Owner Contacts

$309,000

1114 Baymeadow Dr, Houston, TX, 77062

Off Market

4 Beds

3 Bath

2,210 Sq Ft

Single Family Residence

$124.43 / sqft

Built in 1966

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Electric Cooktop, Dishwasher

FlooringCarpet, Tile

Exterior

Lot Size8,398 sqft

Building Information

Year Built1966

Stories1

Garage Spaces2

Land Information

APN1001010000042

Lot Number42

SubdivisionClear Lake City Core B

Land UseResidential

Legal DescriptionLT 42 BLK 2 CLEAR LAKE CITY CORE B SEC 1

Census Tract340600

Assessed Land Value$56,700

Assessed Improvement Value$229,209

Assessment Year2025

About this property

Multiple Offers. Open House canceled. Traditional floor plan has replaced HVAC and ducts, foundation repair, replaced windows, water heater, roof, radiant barrier, leaf guard gutters, tiled front & back porches, Jenn Air oven & microwave, more ... Ceiling fans in all bedrooms, crown molding in living room, dining room & primary bedroom. New carpet in primary bedroom, tiled foyer, kitchen & baths. Heat lamps & grab bars in bathrooms, bathroom sinks & tubs replaced. Great location to schools. Beautiful community has mature lawns & trees. Spacious bedroom and closets, classic brick fireplace and custom built-ins. Custom quality home. Sold as-is. Estate property. Priced for improvement consideration.

Investor Tools

$309,000

Estimated Property Value

$125,000Estimated Mortgage Balance

$189,672Estimated Equity

60% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,854 /month

Positive

Cash Flow Estimate:

$618 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$387/month

$100/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,096

$285,909

2025

$56,700

$229,209

$285,909

Tax History

Year

Tax Paid

Assessed Value

2024

$3,096

$285,909

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Wellby

Conventional

$125,000

First

Nov 17, 2023

Dec 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$119,328

$167,672

58%

39%

$750/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$850/mo

+$1,376/mo

8.6%

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